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FxWirePro: Aussie trades marginally higher on robust AIG services index, services PMI data

AUD/NZD is currently trading around 1.0704 marks. Pair made intraday high at 1.0709 and low at 1.0691 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0690 mark. A sustained close a…

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FxWirePro: Aussie trades marginally higher on robust AIG services index, services PMI data
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  • AUD/NZD is currently trading around 1.0704 marks.
     
  • Pair made intraday high at 1.0709 and low at 1.0691 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 1.0690 mark.
     
  • A sustained close above 1.0698 will drag the parity higher towards key resistances around 1.0750, 1.0820, 1.0856, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0698 will take the parity down towards key supports around 1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Aussie Sept AIG services index stands at 51.5 vs 51.4 previous release.
     
  • Aussie Services PMI stands at 52.4 vs 49.1 previous release.
     
  • Aussie will release trade balance data around 0130 GMT.

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