FxWirePro: Aussie trades marginally lower against major peers after manufacturing PMI, services PMI data
AUD/NZD is currently trading around 1.0434 marks. Pair made intraday high at 1.0454 and low at 1.0424 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0470 mark. A sustained close above 1…
Pair made intraday high at 1.0454 and low at 1.0424 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0470 mark.
A sustained close above 1.0448 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0407 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia’s manufacturing PMI at 51.4 m/m vs services PMI at 52.0 previous release.
Australia’s services PMI at 51.9 m/m vs 52.6 previous release.
