FxWirePro: Aussie trades marginally lower after current account data, RBA’s cash rate decision in focus
AUD/NZD is currently trading around 1.0602 marks. Pair made intraday high at 1.0624 and low at 1.0601 marks. Intraday bias remains neutral till the time pair holds key support at 1.0572 mark. A sustained close above 1.06…
Pair made intraday high at 1.0624 and low at 1.0601 marks.
Intraday bias remains neutral till the time pair holds key support at 1.0572 mark.
A sustained close above 1.0619 will drag the parity higher towards key resistances around 1.0696/1.0749/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0619 will take the parity down towards key supports around 1.0572/1.0502/1.0432 marks respectively.
Australia Q3 2018 current account balance sa increase to -10.7 aud (forecast -10.2 aud) vs previous -12.1 aud (revised from -13.5 aud).
Australia's S&P/ASX 200 index down 0.35 pct at 5,750.90 points in early trade.
