FxWirePro: Aussie rises against major peers after retail sales data
AUD/NZD is currently trading around 1.0487 marks. Pair made intraday high at 1.0491 and low at 1.0465 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark. A sustained close a…
Pair made intraday high at 1.0491 and low at 1.0465 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark.
A sustained close above 1.0480 will drag the parity higher towards key resistances around 1.0526, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0434 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia May ratail sales at 0.1 pct vs -0.1 pct previous release (expected 0.2 pct).
