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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 …

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FxWirePro: Aussie trades marginally higher on robust AIG services index
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  • 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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