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FxWirePro: Aussie remains almost unchanged after retail sales data, RBA’s cash rate decision in focus

Tuesday, June 4, 2019 1:52 AM UTC

AUD/NZD is currently trading around 1.0578 marks.
Pair made intraday high at 1.0580 and low at 1.0569 marks.
Intraday bias remains neutral till the time pair holds key support at 1.0575 mark.
A sustained close above 1.0575 will drag the parity higher towards key resistances around 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
0449/1.0364Alternatively, a daily close below 1.0575 will take the parity down towards key supports around 1.0532/1. /1.0275/1.0237/1.0192 marks respectively.
Australia April 2019 retail sales mm decrease to -0.1 % (forecast 0.2 %) vs previous 0.3 %.
Australia Q1 2019 current account balance sa increase to -2.9 aud (forecast -2.5 aud) vs previous -6.3 aud (revised from -7.2 aud).
Australia's S&P/ASX 200 index up 0.10 pct at 6,327.10 points in early trade.
RBA will release cash rate decision at 0430 GMT.

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FxWirePro: Aussie remains almost unchanged after retail sales data, RBA’s cash rate decision in focus

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