FxWirePro: Aussie rises against major peers after retail sales data
Thursday, July 4, 2019 1:47 AM UTC
- AUD/NZD is currently trading around 1.0487 marks.
- Pair made intraday high at 1.0491 and low at 1.0465 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark.
- A sustained close above 1.0480 will drag the parity higher towards key resistances around 1.0526, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
- Alternatively, a daily close below 1.0434 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
- Australia May ratail sales at 0.1 pct vs -0.1 pct previous release (expected 0.2 pct).