Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Aussie trades marginally lower after RBA’s monetary policy meeting minutes

  • AUD/NZD is currently trading around 1.0645 marks.
     
  • Pair made intraday high at 1.0664 and low at 1.0639 marks.
     
  • Intraday bias remains neutral till the time pair holds key support at 1.0636 mark.
     
  • A sustained close above 1.0653 will drag the parity higher towards key resistances at 1.0692/1.0802/1.0945/1.1072/1.1113 levels respectively.
     
  • Alternatively, a daily close below 1.0653 will take the parity down towards key supports around 1.0550/1.0443/1.0380/1.0305 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
     
  • Australia's S&P/ASX 200 index down 0.45 pct at 5,932.60 points in early trade.
     
  • Australia Q4 home price index increase to 1 % vs previous -0.2 %.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.