FxWirePro: Kiwi slightly down against Aussie despite robust retail sales data
AUD/NZD is currently trading around 1.0817 marks. Pair made intraday high at 1.0820 and low at 1.0764 marks. Intraday bias remains neutral for the moment. A daily close below 1.0780 will take the parity down towards key …
Pair made intraday high at 1.0820 and low at 1.0764 marks.
Intraday bias remains neutral for the moment.
A daily close below 1.0780 will take the parity down towards key supports around 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
On the other side, a sustained close above 1.0780 will drag the parity higher towards key resistances at 1.0862/1.0912/1.0966/1.1062/1.1148 levels respectively.
New Zealand Q2 s/adj real retail sales +2.0 pct q/q (previous 1.5 pct).
New Zealand Q2 s/adj actual retail sales +5.4 pct y/y.
