FxWirePro: Aussie trades marginally higher as AIG construction index data meets expectations
AUD/NZD is currently trading around 1.0509 marks. Pair made intraday high at 1.0510 and low at 1.0494 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark. A sustained close a…
Pair made intraday high at 1.0510 and low at 1.0494 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark.
A sustained close above 1.0498 will drag the parity higher towards key resistances around 1.0526, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0498 will take the parity down towards key supports around 1.0458/1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia AIG construction index June at 43.0 vs 40.4 previous release.
