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FxWirePro: Aussie trades marginally higher on favourable consumer sentiment index

  • AUD/NZD is currently trading around 1.0904 marks.
     
  • Pair made intraday high at 1.0905 and low at 1.0884 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0860 mark.
     
  • A sustained close above 1.0895 will drag the parity higher towards key resistances at 1.0949/1.0984/1.1035/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0895 will take the parity down towards key supports around 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Dec 2017 consumer sentiment increase to 3.6 % vs previous -1.7 %.
     
  • Australia’s S&P/ASX 200 was trading 0.03 pct higher at 6,015.50 points.

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