Technicals

Add as a preferred source on Google

FxWirePro: Aussie strengthens in early Asia on robust NAB business confidence data

AUD/NZD is currently trading around 1.1085 marks. Pair made intraday high at 1.1088 and low at 1.1034 marks. Intraday bias remains bullish till the time pair holds key support at 1.1010 mark. A sustained close above 1.10…

1 min read
FxWirePro: Aussie strengthens in early Asia on robust NAB business confidence data
Image from the original EconoTimes article

Read the original article

  • AUD/NZD is currently trading around 1.1085 marks.
     
  • Pair made intraday high at 1.1088 and low at 1.1034 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.1010 mark.
     
  • A sustained close above 1.1040 will drag the parity higher towards key resistances at 1.1096/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.1040 will take the parity down towards key supports around 1.1010, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Oct NAB business conditions increase to 21 vs previous 14.
     
  • Australia Oct NAB business confidence increase to 8 vs previous 7.
     
  • Australia's S&P/ASX 200 index up 0.29 pct at 5,920.00 points in early trade.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560