FxWirePro: Aussie trades marginally lower as house price index, business confidence data miss expectations
AUD/NZD is currently trading around 1.0876 marks. Pair made intraday high at 1.0903 and low at 1.0875 marks. Intraday bias remains neutral till the time pair holds key support at 1.0863 mark. A sustained close above 1.08…
Pair made intraday high at 1.0903 and low at 1.0875 marks.
Intraday bias remains neutral till the time pair holds key support at 1.0863 mark.
A sustained close above 1.0888 will drag the parity higher towards key resistances at 1.0984/1.1035/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
Alternatively, a daily close below 1.0888 will take the parity down towards key supports around 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
Australia Nov 2017 NAB business conditions decrease to 12 balance vs previous 21 balance.
Australia Nov 2017 NAB business confidence decrease to 6 balance vs previous 8 balance.
Australia Q3 2017 home price index decrease to -0.2 percent (forecast 0.5 percent) vs previous 1.9 percent.
Australia's S&P/ASX 200 index up 0.23 pct at 6,012.30 points in early trade.
