FxWirePro: Aussie gains against kiwi on robust NAB’s business condition data
AUD/NZD is currently trading around 1.0798 marks. Pair made intraday high at 1.0800 and low at 1.0766 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0763 marks. A daily close below 1…
Pair made intraday high at 1.0800 and low at 1.0766 marks.
Intraday bias remains bullish till the time pair holds immediate support at 1.0763 marks.
A daily close below 1.0777 will take the parity down towards key supports around 1.0713, 1.0670, 1.0616, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
On the other side, a sustained close above 1.0777 will drag the parity higher towards key resistances at 1.0833/1.0904/1.0966/1.1062 (30D EMA)/1.1148 levels respectively.
Australia’s March NAB business conditions increase to 14 vs previous 9.
Australia’s March NAB business confidence decrease to 6 vs previous 7.
