FxWirePro: Aussie trades marginally lower against major peers as AIG construction index data misses expectations
AUD/NZD is currently trading around 1.0697 marks. Pair made intraday high at 1.0721 and low at 1.0692 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0738 marks. A sustained clo…
Pair made intraday high at 1.0721 and low at 1.0692 marks.
Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0738 marks.
A sustained close above 1.0738 will drag the parity higher towards key resistances around 1.0820, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0738 will take the parity down towards key supports around 1.0670/1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
Aussie Sept AIG construction index stands at 42.6 vs 44.6 previous release.
