Technicals

Add as a preferred source on Google

FxWirePro: Aussie falls against kiwi after mixed economic data

AUD/NZD is currently trading around 1.0731 marks. Pair made intraday high at 1.0749 and low at 1.0722 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0804 marks. A sustained clo…

1 min read
FxWirePro: Aussie falls against kiwi after mixed economic data
Image from the original EconoTimes article

Read the original article

  • AUD/NZD is currently trading around 1.0731 marks.
     
  • Pair made intraday high at 1.0749 and low at 1.0722 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0804 marks.
     
  • A sustained close above 1.0749 will drag the parity higher towards key resistances around 1.0804, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0749 will take the parity down towards key supports around 1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia’s AIG manufacturing index stands at 51.6 vs 54.7 previous released.
     
  • Australia’s manufacturing PMI stands at 50.0 vs 50.3 previous released (expected 50.1).
     
  • Australia’s PPI q/q stands at 0.4 vs 0.4 previous released (expected 0.3).
     
  • Australia’s S&P/ASX200 was trading around 0.03 pct higher at 6,665.30 points.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560