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FxWirePro: Aussie remains almost unchanged despite robust retail sales data

AUD/NZD is currently trading around 1.0593 marks. Pair made intraday high at 1.0606 and low at 1.0587 marks. Intraday bias remains neutral for the moment. A sustained close above 1.0620 will drag the parity higher toward…

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FxWirePro: Aussie remains almost unchanged despite robust retail sales data
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  • AUD/NZD is currently trading around 1.0593 marks.
     
  • Pair made intraday high at 1.0606 and low at 1.0587 marks.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 1.0620 will drag the parity higher towards key resistances around 1.0712/1.0877/1.0955 levels respectively.
     
  • Alternatively, a daily close below 1.0562 will take the parity down towards key supports around 1.0481/1.0432/1.0333/1.0237  marks respectively
    .
  • Australia Nov 2018 retail sales mm increase to 0.4 % (forecast 0.3 %) vs previous 0.3 %.
     
  • Australia's S&P/ASX 200 index up 0.04 pct at 5,797.60 points in early trade.

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