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FxWirePro: Aussie rises against major peers after AIG services index, GDP data

AUD/NZD is currently trading around 1.0689 marks. Pair made intraday high at 1.0690 and low at 1.0662 marks. Intraday bias remains bullish till the time pair holds key support at 1.0646 mark. A sustained close above 1.06…

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FxWirePro: Aussie rises against major peers after AIG services index, GDP data
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  • AUD/NZD is currently trading around 1.0689 marks.
     
  • Pair made intraday high at 1.0690 and low at 1.0662 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0646 mark.
     
  • A sustained close above 1.0670 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0646 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339/1.0275/1.0237 marks respectively.
     
  • Aussie AIG services index at 51.4 vs 43.9 pct previous release.
     
  • Aussie services PMI at 49.1 vs 52.3 pct previous release.
     
  • Aussie GDP q/q 0.5 pct vs 0.5 pct previous release.

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