FxWirePro: Aussie trades almost flat against major peers ahead of RBA’s cash rate decision
Tuesday, February 4, 2020 2:03 AM UTC
- AUD/NZD is currently trading around 1.0362 marks.
- Pair made intraday high at 1.0365 and low at 1.0349 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 1.0386 marks.
- A sustained close above 1.0355 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.
- RBA will release cash rate decision around 0330 GMT.
- Australia’s S&P/ASX 200 was trading 0.49 pct higher at 6,957.30 points.