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FxWirePro: Aussie trades flat against major peers after manufacturing PMI, services PMI data

AUD/NZD is currently trading around 1.0668 marks. Pair made intraday high at 1.0675 and low at 1.0663 marks. Intraday bias remains neutral till the time pair holds key support at 1.0670 marks. A sustained close above 1.0…

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FxWirePro: Aussie trades flat against major peers after manufacturing PMI, services PMI data
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  • AUD/NZD is currently trading around 1.0668 marks.
     
  • Pair made intraday high at 1.0675 and low at 1.0663 marks.
     
  • Intraday bias remains neutral till the time pair holds key support at 1.0670 marks.
     
  • A sustained close above 1.0670 will drag the parity higher towards key resistances around 1.0712, 1.0820, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0670 will take the parity down towards key supports around 1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia manufacturing PMI stands at 50.1 vs 50.3 previous release (expected 49.0).
     
  • Australia services PMI stands at 50.8 vs 52.4 previous release (expected 52.2).
     
  • Australia’s S&P/ASX200 was trading around 0.52 pct higher at 6,708.22 points.

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