FxWirePro: Aussie trades marginally higher against major peers after mixed economic data
Thursday, August 1, 2019 3:07 AM UTC
- 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 1.0448 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).