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FxWirePro: Aussie falls against major peers after RBA’s monetary policy meeting minutes

AUD/NZD is currently trading around 1.0411 marks. Pair made intraday high at 1.0436 and low at 1.0409 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0441 marks. A sustained clo…

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FxWirePro: Aussie falls against major peers after RBA’s monetary policy meeting minutes
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  • AUD/NZD is currently trading around 1.0411 marks.
     
  • Pair made intraday high at 1.0436 and low at 1.0409 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0441 marks.
     
  • A sustained close above 1.0441 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
     
  • Alternatively, a daily close below 1.0402 will take the parity down towards key supports around 1.0339/1.0264/1.0222 marks respectively.
     
  • Kiwi’s business confidence stands at -13.2 vs -26.4 previous release.
     
  • Kiwi’s Westpac consumer sentiment stands at 109.9 vs 103.1 previous release.
     
  • Australia’s S&P/ASX 200 was trading 0.11 pct lower at 6,844.90 points.

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