FxWirePro: Kiwi remains almost unchanged despite lower than expected retail sales data
AUD/NZD is currently trading around 1.0575 marks. Pair made intraday high at 1.0581 and low at 1.0571 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0600 mark. A sustained close above 1…
Pair made intraday high at 1.0581 and low at 1.0571 marks.
Intraday bias remains neutral till the time pair holds key resistance at 1.0600 mark.
A sustained close above 1.0587 will drag the parity higher towards key resistances around 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0557 will take the parity down towards key supports around 1.0532/1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.
New Zealand W 21 May dairy prices decrease to -1.2 % vs previous 0.4 %.
New Zealand Q1 2019 retail sales volumes qq decrease to 0.7 % vs previous 1.7 %.
New Zealand Q1 2019 retail qrtly vs yr ago decrease to 3.3 % vs previous 3.5 %.
