FxWirePro: Aussie falls against major peers as retail sales data fails to match expectations
AUD/NZD is currently trading around 1.1114 marks. Pair made intraday high at 1.1163 and low at 1.1109 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1156 mark. A sustained close above 1…
Pair made intraday high at 1.1163 and low at 1.1109 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.1156 mark.
A sustained close above 1.1156 will drag the parity higher towards key resistances at 1.1238/1.1289/1.1384/1.1456 levels respectively.
Alternatively, a daily close below 1.1156 will take the parity down towards key supports around 1.1027, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
Australia Sep retail sales m/m increase to 0.0 % (forecast 0.4 %) vs previous -0.6 %.
Australia Q3 retail trade decrease to 0.1 % (forecast 0.0 %) vs previous 1.5 %.
Australia Sep retail sales m/m increase to 0 % (forecast 0.4 %) vs previous -0.5 % (revised from -0.6 %).
Australia's S&P/ASX 200 index up 0.25 pct at 5,946.50 points in early trade.
