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 1.0…
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.
