FxWirePro: Aussie trades marginally lower against major peers as NAB business confidence data misses expectations
Tuesday, July 9, 2019 1:58 AM UTC
- 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 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.