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FxWirePro: Aussie trades almost flat against major peers ahead of RBA’s cash rate decision

AUD/NZD is currently trading around 1.0444 marks. Pair made intraday high at 1.0447 and low at 1.0432 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark. A sustained close a…

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FxWirePro: Aussie trades almost flat against major peers ahead of RBA’s cash rate decision
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  • AUD/NZD is currently trading around 1.0444 marks.
     
  • Pair made intraday high at 1.0447 and low at 1.0432 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark.
     
  • A sustained close above 1.0434 will drag the parity higher towards key resistances around 1.0477, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0434 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
     
  • RBA will release cash rate decision at 0430 GMT.

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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