FxWirePro: Kiwi trades marginally lower as ANZ business confidence data misses expectations
Thursday, March 28, 2019 1:43 AM UTC
- AUD/NZD is currently trading around 1.0433 marks.
- Pair made intraday high at 1.0436 and low at 1.0407 marks.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 1.0422 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
- Alternatively, a daily close below 1.0422 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
- New Zealand March 2019 business outlook decrease to -38 balance vs previous -30.9 balance.
- New Zealand March 2019 own activity decrease to 6.3 balance vs previous 10.5 balance.