FxWirePro: Aussie gains on robust NAB business confidence, private sector credit data
AUD/NZD is currently trading around 1.0384 marks. Pair made intraday high at 1.0388 and low at 1.0360 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0360 marks. A consistent close be…
Pair made intraday high at 1.0388 and low at 1.0360 marks.
Intraday bias remains bullish till the time pair holds immediate support at 1.0360 marks.
A consistent close below 1.0369 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 1.0369 will drag the parity higher towards key resistances at 1.0417/1.0470/1.0532/1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) levels respectively.
Australia’s December NAB business conditions increases to 11 vs previous 5.
Australia’s December NAB business confidence increases to 6 vs previous 5.
Australia’s December private sector credit increase to 0.7 % vs previous 0.5 %.
Australia’s December housing credit stays flat at 0.5 % vs previous 0.5 %.
