FxWirePro: Aussie trades marginally higher against major peers after mixed economic data
AUD/NZD is currently trading around 1.0452 marks. Pair made intraday high at 1.0454 and low at 1.0426 marks. Intraday bias remains bullish till the time pair holds key support at 1.0391 mark. A sustained close above 1.04…
Pair made intraday high at 1.0454 and low at 1.0426 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0391 mark.
A sustained close above 1.0448 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0391 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia AIG manufacturing index at 51.3 pct vs 49.4 pct previous release.
Australia import price q/q at 0.9 pct vs -0.5 pct previous release (expected 1.8 pct).
