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FxWirePro: Aussie trades marginally lower after trade balance data

  • AUD/NZD is currently trading around 1.0967 marks.
     
  • Pair made intraday high at 1.1003 and low at 1.0958 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.1035 mark.
     
  • A sustained close above 1.0986 will drag the parity higher towards key resistances at 1.1035/1.1113/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.0986 will take the parity down towards key supports around 1.0948, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Oct 2017 trade balance G&S (A$) decrease to 105 aud (forecast 1375 aud) vs previous 1745 aud.
     
  • Australia Nov 2017 AIG construction index increase to 57.5 index vs previous 53.2 index.
     
  • Australia's S&P/ASX 200 index up 0.10 pct at 5,951.60 points in early trade.

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ARAnnual Primary Balance*

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ARAnnual Primary Balance*

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January 31 00:00 UTC 241959241959m

ARAnnual Primary Balance*

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