FxWirePro: Aussie trades marginally lower against kiwi after RBA’s monetary policy meeting minutes, HPI data
Tuesday, March 17, 2020 2:07 AM UTC
- AUD/NZD is currently trading around 1.0082 marks.
- Pair made intraday high at 1.0123 and low at 1.0053 marks.
- Intraday bias remains bearish for the moment.
- A sustained close above 1.0114 will drag the parity higher towards key resistances around 1.0238, 1.0341, 1.0532, 1.06, 1.0654 and 1.0743 mark respectively.
- Alternatively, a daily close below 1.0114 will drag the parity lower towards key supports around 1.0020/0.9950/0.9824/0.97 marks respectively.
- Australia’s HPI q/q stands at 3.9 pct vs 2.4 pct previous release (expected 4.5).
- NZ’s Westpac consumer sentiment stands at 104.2 vs 109.9 previous release.
- Australia’s S&P/ASX 200 was trading 3.40 pct higher at 5,172.20 points.