FxWirePro: Kiwi trades marginally higher despite lower than expected retail sales data
AUD/NZD is currently trading around 1.0673 marks. Pair made intraday high at 1.0696 and low at 1.0670 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0696 mark. A sustained close above 1…
Pair made intraday high at 1.0696 and low at 1.0670 marks.
Intraday bias remains neutral till the time pair holds key resistance at 1.0696 mark.
A sustained close above 1.0661 will drag the parity higher towards key resistances around 1.0699/1.0747/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0661 will take the parity down towards key supports around 1.0613/1.0572/1.0502/1.0432 marks respectively.
New Zealand Q3 2018 retail qrtly vs yr ago decrease to 2.7 % vs previous 3.1 %.
