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FxWirePro: Aussie rises against major peers after RBA’s monetary policy meeting minutes

  • AUD/NZD is currently trading around 1.0897 marks.
     
  • Pair made intraday high at 1.0900 and low at 1.0877 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0825 mark.
     
  • A sustained close above 1.0883 will drag the parity higher towards key resistances at 1.0945/1.1072/1.1122 levels respectively.
     
  • Alternatively, a daily close below 1.0883 will take the parity down towards key supports around 1.0825/1.0736/1.0620/1.0572/1.0506 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • Australia's S&P/ASX 200 index down 0.07 pct at 6,131.00 points in early trade.

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