FxWirePro: Kiwi strengthens against major peers on the back of higher than expeted trade balance data
AUD/NZD is currently trading around 1.0577 marks. Pair made intraday high at 1.0587 and low at 1.0559 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0587 will drag the parity higher toward…
Pair made intraday high at 1.0587 and low at 1.0559 marks.
Intraday bias remains bearish for the moment.
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 1.0587 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 March 2019 imports decrease to 4.77 nzd vs previous 4.78 nzd (revised from 4.8 nzd).
New Zealand March 2019 exports increase to 5.7 nzd vs previous 4.71 nzd (revised from 4.82 nzd).
New Zealand March 2019 trade balance increase to 922 nzd vs previous -68 nzd (revised from 12 nzd).
New Zealand March 2019 annual trade balance increase to -5.62 nzd vs prev -6.69 nzd (revised from -6.62 nzd).
