FxWirePro: Aussie rises against Kiwi after manufacturing PMI, services PMI data
Monday, December 16, 2019 1:46 AM UTC
- AUD/NZD is currently trading around 1.0428 marks.
- Pair made intraday high at 1.0433 and low at 1.0414 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.0402 marks.
- A sustained close above 1.0471 will drag the parity higher towards key resistances around 1.0526, 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
- Alternatively, a daily close below 1.0402 will take the parity down towards key supports around 1.0339/1.0264/1.0222 marks respectively.
- Australia’s flash manufacturing PMI stands at 49.4 vs 49.9 previous release.
- Australia’s flash services PMI stands at 49.5 vs 49.7 previous release.
- Australia’s S&P/ASX 200 was trading 1.28 pct higher at 6,825.20 points.