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FxWirePro: Aussie strengthens against major peers after mixed economic data

  • AUD/NZD is currently trading around 1.0368 marks.
     
  • Pair made intraday high at 1.0372 and low at 1.0327 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0327 marks.
     
  • A sustained close above 1.0367 will drag the parity higher towards key resistances around 1.0386, 1.0455, 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
     
  • Alternatively, a daily close below 1.0322 will take the parity down towards key supports around 1.0264/1.0222/1.0178 marks respectively.
     
  • Australia’s AIG manufacturing index stands at 45.4 pct vs 48.3 pct previous release.
     
  • Australia’s MI inflation gauge m/m remains unchanged at 0.3 pct.
     
  • Australia’s building approvals stands at -0.2 pct vs 10.9 pct previous release (expected -5.0).
     
  • Australia’s S&P/ASX 200 was trading 1.14 pct lower at 6,935.22 points.
  • Market Data
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