FxWirePro: Kiwi falls noticeably against major peers after manufacturing PMI data
AUD/NZD is currently trading around 1.0554marks. Pair made intraday high at 1.0561 and low at 1.0522 marks. Intraday bias remains bullish till the time pair holds key support at 1.0504 mark. A sustained close above 1.057…
Pair made intraday high at 1.0561 and low at 1.0522 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0504 mark.
A sustained close above 1.0575 will drag the parity higher towards key resistances around 1.0630, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0504 will take the parity down towards key supports around 1.0422/1.0336/1.0275/1.0237/1.0192 marks respectively.
New Zealand May 2019 food price index increase to 0.7 % vs previous -0.1 %.
New Zealand May 2019 manufacturing PMI decrease to 50.2 vs previous 53.
