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FxWirePro: Aussie remains almost unchanged after building approvals, private capital expenditure data

Thursday, May 30, 2019 1:56 AM UTC

AUD/NZD is currently trading around 1.0623 marks.
Pair made intraday high at 1.0627 and low at 1.0616 marks.
Intraday bias remains neutral till the time pair holds key support at 1.0565 mark.
A sustained close above 1.0623 will drag the parity higher towards key resistances around 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0565 will take the parity down towards key supports around 1.0532/1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia Q1 2019 plant/machinery capex decrease to -0.5 % vs previous 0.7 %.
Australia Apri 2019 building approvals increase to -4.7 % vs previous -15.5 %.
Australia Q1 2019 capital expenditure decrease to -1.7 % (forecast 0.5 %) vs previous 2 %.
Australia April 2019 private house approvals stays flat at -3.2 % vs previous -3.2 %.

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FxWirePro: Aussie remains almost unchanged after building approvals, private capital expenditure data

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