FxWirePro: Aussie trades marginally higher on robust NAB business confidence data
AUD/NZD is currently trading around 1.0832 marks. Pair made intraday high at 1.0834 and low at 1.0812 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0747 mark. A sustained close a…
Pair made intraday high at 1.0834 and low at 1.0812 marks.
Intraday bias remains slightly bullish till the time pair holds key support at 1.0747 mark.
A sustained close above 1.0819 will drag the parity higher towards key resistances at 1.0870/1.0945/1.1072/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
Alternatively, a daily close below 1.0819 will take the parity down towards key supports around 1.0747, 1.0693 and 1.0648 marks respectively.
Australia Jan NAB business conditions increase to 19 vs previous 13.
Australia Jan NAB business confidence increase to 12 vs previous 11.
Australia's S&P/ASX 200 index up 0.40 pct at 5,844.00 points in early trade.
