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FxWirePro: Aussie trades marginally lower as AIG construction index data misses expectations

  • AUD/NZD is currently trading around 1.0962 marks.
     
  • Pair made intraday high at 1.0978 and low at 1.0958 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0995 mark.
     
  • A sustained close above 1.0964 will drag the parity higher towards key resistances at 1.1050/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0964 will take the parity down towards key supports around 1.0910, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Dec AIG construction index decrease to 52.8 vs previous 57.5.
     
  • Australia's S&P/ASX 200 index up 0.31 pct at 6,141.00 points in early trade.

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