FxWirePro: Aussie trades marginally lower against major peers as NAB business confidence data misses expectations
AUD/NZD is currently trading around 1.0505 marks. Pair made intraday high at 1.0527 and low at 1.0505 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0528 mark. A sustained clos…
Pair made intraday high at 1.0527 and low at 1.0505 marks.
Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0528 mark.
A sustained close above 1.0524 will drag the parity higher towards key resistances around 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0524 will take the parity down towards key supports around 1.0494/1.0458/1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia June business confidence at 2 vs 7 previous release.
Australis June NAB business survey at 3 vs 1 previous release.
