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FxWirePro: Aussie trades almost flat against major peers ahead of RBA’s monetary policy meeting minutes

AUD/NZD is currently trading around 1.0543 marks. Pair made intraday high at 1.0557 and low at 1.0541 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0570 mark. A sustained clos…

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FxWirePro: Aussie trades almost flat against major peers ahead of RBA’s monetary policy meeting minutes
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  • AUD/NZD is currently trading around 1.0543 marks.
     
  • Pair made intraday high at 1.0557 and low at 1.0541 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0570 mark.
     
  • A sustained close above 1.0549 will drag the parity higher towards key resistances around 1.0570, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0549 will take the parity down towards key supports around 1.0518/1.0407/1.0339/1.0275/1.0237/1.0192 marks respectively.
     
  • RBA will release monetary policy meeting minutes around 0130 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