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FxWirePro: Aussie marginally higher ahead of RBA’s cash rate decision

Tuesday, May 2, 2017 3:20 AM UTC

AUD/NZD is currently trading around 1.0890 marks.
Pair made intraday high at 1.0899 and low at 1.0876 marks.
Intraday bias remains neutral till the time pair holds immediate resistance at 1.0899 marks.

A daily close below 1.0899 will take the parity down towards key supports around 1.0838, 1.0770, 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 1.0899 will drag the parity higher towards key resistances at 1.0966/1.1062/1.1148 levels respectively.
RBA will release cash rate decision at 0430 GMT.

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FxWirePro: Aussie marginally higher ahead of RBA’s cash rate decision

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