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FxWirePro: Aussie gains against major peers on robust building approvals data

AUD/NZD is currently trading around 1.0957 marks. Pair made intraday high at 1.0957 and low at 1.0913 marks. Intraday bias remains bullish till the time pair holds key support at 1.0900 mark. A sustained close above 1.09…

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FxWirePro: Aussie gains against major peers on robust building approvals data
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  • AUD/NZD is currently trading around 1.0957 marks.
     
  • Pair made intraday high at 1.0957 and low at 1.0913 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0900 mark.
     
  • A sustained close above 1.0925 will drag the parity higher towards key resistances at 1.0995/1.1050/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0925 will take the parity down towards key supports around 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Nov building approvals increase to 11.7 % (forecast -1 %) vs previous 0.9 %.
     
  • Australia's S&P/ASX 200 index up 0.31 pct at 6,141.00 points in early trade.

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