FxWirePro: Aussie gains against major peers on robust building approvals, AIG construction index data
AUD/NZD is currently trading around 1.0506 marks. Pair made intraday high at 1.0508 and low at 1.0465 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0425 marks. A consistent close be…
Pair made intraday high at 1.0508 and low at 1.0465 marks.
Intraday bias remains bullish till the time pair holds immediate support at 1.0425 marks.
A consistent close below 1.0425 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
On the other side, a sustained close above 1.0517 will drag the parity higher towards key resistances at 1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
Australia’s December AIG construction index increases to 47.0 vs previous 46.6.
Australia’s December ANZ internet job ads decrease to -1.9 % vs previous 1.7 %.
Australia’s November building approvals increase to 7 % (forecast 5.0 %) vs previous -12.6 %.
Australia’s November private house approvals increase to -0.2 % vs previous -3.4 %.
