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FxWirePro: Aussie strengthens in early Asia after mixed economic data

  • AUD/NZD is currently trading around 1.0982 marks.
     
  • Pair made intraday high at 1.0983 and low at 1.0946 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0950 mark.
     
  • A sustained close above 1.0950 will drag the parity higher towards key resistances at 1.0995/1.1050/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
     
  • Alternatively, a daily close below 1.0950 will take the parity down towards key supports around 1.0902, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Jan consumer sentiment decrease to 1.8 % vs previous 3.6 %.
     
  • Australia Nov housing finance increase to 2.1 % (forecast -0.2 %) vs previous -0.6 %.
     
  • Australia's S&P/ASX 200 index up 0.29 pct at 5,920.00 points in early trade.

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