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FxWirePro: Aussie remains almost unchanged against major peers after manufacturing PMI, services PMI data

AUD/NZD is currently trading around 1.0799 marks. Pair made intraday high at 1.0809 and low at 1.0794 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0820 mark. A sustained close above 1…

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FxWirePro: Aussie remains almost unchanged against major peers after manufacturing PMI, services PMI data
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  • AUD/NZD is currently trading around 1.0799 marks.
     
  • Pair made intraday high at 1.0809 and low at 1.0794 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0820 mark.
     
  • A sustained close above 1.0820 will drag the parity higher towards key resistances around 1.0856, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0778 will take the parity down towards key supports around 1.0709/1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Aussie manufacturing PMI stands at 49.4 pct vs 50.9 pct previous release.
     
  • Aussie services PMI stands at 52.5 pct vs 49.1 pct previous release.

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