FxWirePro: Aussie falls against major peers as trade balance data misses expectations
AUD/NZD is currently trading around 1.0971 marks. Pair made intraday high at 1.0995 and low at 1.0963 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1050 mark. A sustained close above 1…
Pair made intraday high at 1.0995 and low at 1.0963 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.1050 mark.
A sustained close above 1.0988 will drag the parity higher towards key resistances at 1.1050/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
Alternatively, a daily close below 1.0988 will take the parity down towards key supports around 1.0910, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
Australia Nov trade balance G&S (A$) decrease to -628 mln au vs previous 105 mln au.
Australia Nov goods/services imports decrease to 1 % vs previous 2 %.
Australia Nov goods/services exports 0 pct m/m, seasonally adjusted.
Australia's S&P/ASX 200 index up 0.41 pct at 6,101.90 points in early trade.
