FxWirePro: Aussie remains almost unchaged after current account data, RBA’s cash rate decision in focus
Tuesday, March 5, 2019 2:11 AM UTC
- AUD/NZD is currently trading around 1.0389 marks.
- Pair made intraday high at 1.0404 and low at 1.0379 marks.
- Intraday bias remains neutral till the time pair holds key support around 1.0368 mark.
- A sustained close above 1.0447 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 1.0390 will take the parity down towards key supports around 1.0368/1.0333/1.0237/1.0192 marks respectively.
- Australia Q4 2018 current account balance sa increase to -7.2 aud (forecast -9.2 aud) vs previous -10.7 aud.
- Australia Q4 2018 net exports contribution decrease to -0.2 % (forecast -0.1 %) vs previous 0.4 %.
- Australia Feb 2019 AIG services index increase to 44.5 vs previous 44.3.
- Australia's S&P/ASX 200 index down 0.51 pct at 6,185.70 points in early trade.
- RBA will release cash rate decision at 0330 GMT.