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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 1.0925 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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