FxWirePro: Aussie trades flat against major peers ahead of trade balance data
AUD/NZD is currently trading around 1.0685 marks. Pair made intraday high at 1.0696 and low at 1.0679 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0686 mark. A sustained close above 1…
Pair made intraday high at 1.0696 and low at 1.0679 marks.
Intraday bias remains neutral till the time pair holds key resistance at 1.0686 mark.
A sustained close above 1.0686 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0686 will take the parity down towards key supports around 1.0640/1.0560/1.0518/1.0407/1.0339/1.0275 marks respectively.
Aussie will release trade balance data around 0130 GMT.
Australia’s S&P/ASX200 was trading 0.56 pct higher at 6,589.70 points.
