FxWirePro: Kiwi strengthens against major peers on the back of higher than expected retail sales data
AUD/NZD is currently trading around 1.0573 marks. Pair made intraday high at 1.0614 and low at 1.0568 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0610 will drag the parity higher toward…
Pair made intraday high at 1.0614 and low at 1.0568 marks.
Intraday bias remains bearish for the moment.
A sustained close above 1.0610 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 1.0610 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339/1.0275/1.0237 marks respectively.
