FxWirePro: Kiwi trades marginally lower after trade balance data
AUD/NZD is currently trading around 1.0670 marks. Pair made intraday high at 1.0673 and low at 1.0651 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 1.0673 and low at 1.0651 marks.
Intraday bias remains neutral till the time pair holds key resistance at 1.0696 mark.
A sustained close above 1.0663 will drag the parity higher towards key resistances around 1.0696/1.0749/1.0798/1.0877/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0663 will take the parity down towards key supports around 1.0613/1.0572/1.0502/1.0432 marks respectively.
New Zealand Oct 2018 imports increase to 6.15 nzd vs previous 5.84 nzd (revised from 5.89 nzd).
New Zealand Oct 2018 annual trade balance decrease to -5.79 nzd vs previous -5.33 nzd (revised from -5.19 nzd).
New Zealand Oct 2018 trade balance increase to -1295 nzd vs prev -1596 nzd (revised from -1560 nzd).
New Zealand Oct 2018 exports increase to 4.86 nzd vs prev 4.25 nzd (revised from 4.33 nzd).
