FxWirePro: Aussie trades marginally higher on robust retail sales data, RBA’s cash rate decision in focus

• AUD/NZD is currently trading around 1.1075 marks.
   
• Pair made intraday high at 1.1098 and low at 1.1049 marks.
   
• Intraday bias remains neutral till the time pair holds key support at 1.1074 mark.
   
• A sustained close above 1.1074 will drag the parity higher towards key resistances at 1.1117/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
   
• Alternatively, a daily close below 1.1074 will take the parity down towards key supports around 1.0994, 1.0948, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
   
• Australia Oct 2017 retail sales m/m increase to 0.5 percent (forecast 0.3 percent).
   
• Australia Q3 2017 current account balance increase to -9.1 aud (forecast -9.2 aud) vs previous -9.6 aud.
   
• RBA will release cash rate decision at 0330 GMT.

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