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FxWirePro: Aussie falls against major peers as wage price index, consumer sentiment index data fail to match expectations

  • AUD/NZD is currently trading around 1.1023 marks.
     
  • Pair made intraday high at 1.1104 and low at 1.1021 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.1094 mark.
     
  • A sustained close above 1.1094 will drag the parity higher towards key resistances at 1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.1094 will take the parity down towards key supports around 1.1010, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Q3 wage price index q/q stays flat at 0.5 % (forecast 0.7 %) vs previous 0.5 %.
     
  • Australia Nov consumer sentiment decrease to -1.7 % vs previous 3.6 %.
     
  • Australia's S&P/ASX 200 index down 0.48 pct at 5,939.80 points in early trade.

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