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FxWirePro: Aussie gains against major peers on robust building approvals, AIG construction index data

  • AUD/NZD is currently trading around 1.0506 marks.
     
  • Pair made intraday high at 1.0508 and low at 1.0465 marks.
     
  • Intraday bias remains bullish till the time pair holds immediate support at 1.0425 marks.  
     
  • A consistent close below 1.0425 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
     
  • On the other side, a sustained close above 1.0517 will drag the parity higher towards key resistances at 1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
     
  • Australia’s December AIG construction index increases to 47.0 vs previous 46.6.
     
  • Australia’s December ANZ internet job ads decrease to -1.9 % vs previous 1.7 %.
     
  • Australia’s November building approvals increase to 7 % (forecast 5.0 %) vs previous -12.6 %.
     
  • Australia’s November private house approvals increase to -0.2 % vs previous -3.4 %.
  • Market Data
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