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FxWirePro: Aussie trades marginally lower against Kiwi as AIG services index misses expectations

  • AUD/NZD is currently trading around 1.0931 marks.
     
  • Pair made intraday high at 1.0957 and low at 1.0927 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0942 mark.
     
  • A sustained close above 1.0942 will drag the parity higher towards key resistances at 1.0986/1.1045/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0942 will take the parity down towards key supports around 1.0873, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • Australia Sep AIG services index decrease to 52.1 vs previous 53.
     
  • New Zealand commodity price index +0.8 pct in September.
     
  • New Zealand September s/adjusted job adverts +0.4 pct on previous month.
     
  • Australia's S&P/ASX 200 index down 0.44 pct at 5,676.10 points in early trade.

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