FxWirePro: Aussie rises against Kiwi after manufacturing PMI, services PMI data
AUD/NZD is currently trading around 1.0428 marks. Pair made intraday high at 1.0433 and low at 1.0414 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0402 marks. A sustained close …
Pair made intraday high at 1.0433 and low at 1.0414 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0402 marks.
A sustained close above 1.0471 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
Alternatively, a daily close below 1.0402 will take the parity down towards key supports around 1.0339/1.0264/1.0222 marks respectively.
Australia’s flash manufacturing PMI stands at 49.4 vs 49.9 previous release.
Australia’s flash services PMI stands at 49.5 vs 49.7 previous release.
Australia’s S&P/ASX 200 was trading 1.28 pct higher at 6,825.20 points.
