FxWirePro: Aussie strengthens against major peers after mixed economic data
Monday, February 3, 2020 2:03 AM UTC
- 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.