FxWirePro: Aussie rises on robust trade balance data
AUD/NZD is currently trading around 1.0872 marks. Pair made intraday high at 1.0878 and low at 1.0843 marks. Intraday bias remains bullish till the time pair holds key support at 1.0798 mark. A sustained close above 1.08…
Pair made intraday high at 1.0878 and low at 1.0843 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0798 mark.
A sustained close above 1.0852 will drag the parity higher towards key resistances around 1.0895/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0852 will take the parity down towards key supports around 1.0798/1.0757/1.0658/1.0572/1.0502 marks respectively.
Australia's S&P/ASX 200 index up 0.28 pct at 5,846.60 points in early trade.
Australia Sep 2018 trade balance G&S (A$) increase to 3017 aud (forecast 1700 aud) vs previous 1604 aud.
Australia Oct 2018 AIG manufacturing index decrease to 58.3 vs previous 59.
