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FxWirePro: Aussie trades marginally higher on robust AIG services index

  • AUD/NZD is currently trading around 1.0458 marks.
     
  • Pair made intraday high at 1.0460 and low at 1.0421 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0416 marks.  
     
  • A daily close below 1.0425 will take the parity down towards key supports around 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0425 will drag the parity higher towards key resistances at 1.0534/1.0570/1.0626/1.0790/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia’s June AIG services index increase to 54.8 vs previous 51.5.
     
  • New Zealand commodity price index +2.1 pct in June.
     

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