FxWirePro: Kiwi falls noticeably against major peers after manufacturing PMI data
Friday, June 14, 2019 1:53 AM UTC
- AUD/NZD is currently trading around 1.0554marks.
- Pair made intraday high at 1.0561 and low at 1.0522 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0504 mark.
- A sustained close above 1.0575 will drag the parity higher towards key resistances around 1.0630, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
- Alternatively, a daily close below 1.0504 will take the parity down towards key supports around 1.0422/1.0336/1.0275/1.0237/1.0192 marks respectively.
- New Zealand May 2019 food price index increase to 0.7 % vs previous -0.1 %.
- New Zealand May 2019 manufacturing PMI decrease to 50.2 vs previous 53.