Technicals

Add as a preferred source on Google

FxWirePro: Kiwi trades marginally lower as ANZ business confidence data misses expectations

AUD/NZD is currently trading around 1.0433 marks. Pair made intraday high at 1.0436 and low at 1.0407 marks. Intraday bias remains slightly bullish for the moment. A sustained close above 1.0422 will drag the parity high…

1 min read
FxWirePro: Kiwi trades marginally lower as ANZ business confidence data misses expectations
Image from the original EconoTimes article

Read the original article

  • AUD/NZD is currently trading around 1.0433 marks.
     
  • Pair made intraday high at 1.0436 and low at 1.0407 marks.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A sustained close above 1.0422 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0422 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192  marks respectively.
     
  • New Zealand March 2019 business outlook decrease to -38 balance vs previous -30.9 balance.
     
  • New Zealand March 2019 own activity decrease to 6.3 balance vs previous 10.5 balance.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560