FxWirePro: Aussie falls against major peers as wage price index, consumer sentiment index data fail to match expectations
AUD/NZD is currently trading around 1.1023 marks. Pair made intraday high at 1.1104 and low at 1.1021 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1094 mark. A sustained close above 1…
Pair made intraday high at 1.1104 and low at 1.1021 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.1094 mark.
A sustained close above 1.1094 will drag the parity higher towards key resistances at 1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
Alternatively, a daily close below 1.1094 will take the parity down towards key supports around 1.1010, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
Australia Q3 wage price index q/q stays flat at 0.5 % (forecast 0.7 %) vs previous 0.5 %.
Australia Nov consumer sentiment decrease to -1.7 % vs previous 3.6 %.
Australia's S&P/ASX 200 index down 0.48 pct at 5,939.80 points in early trade.