FxWirePro: Kiwi rises on the back of higher than expected employment data
AUD/NZD is currently trading around 1.0327 marks. Pair made intraday high at 1.0376 and low at 1.0264 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0448 mark. A sustained clos…
Pair made intraday high at 1.0376 and low at 1.0264 marks.
Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0448 mark.
A sustained close above 1.0344 will drag the parity higher towards key resistances around 1.0448, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0344 will take the parity down towards key supports around 1.0275/1.0237/1.0192/1.0123 marks respectively.
