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FxWirePro: Kiwi falls in early Asia as trade balance, current account data miss expectations

  • AUD/NZD is currently trading around 1.0976 marks.
     
  • Pair made intraday high at 1.0993 and low at 1.0971 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 1.0995 mark.
     
  • A sustained close above 1.0987 will drag the parity higher towards key resistances at 1.1035/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0987 will take the parity down towards key supports around 1.0910, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • New Zealand Q3 actual c/account balance NZ$-4.679 bln (poll NZ$-4.290 bln).
     
  • New Zealand Nov month trade balance NZ$-1.19 billion.
     
  • Australia's S&P/ASX 200 index down 0.21 pct at 6,058.80 points in early trade.

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