Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Aussie strengthens in early Asia on robust NAB business confidence data

  • AUD/NZD is currently trading around 1.1085 marks.
     
  • Pair made intraday high at 1.1088 and low at 1.1034 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.1010 mark.
     
  • A sustained close above 1.1040 will drag the parity higher towards key resistances at 1.1096/1.1238/1.1289/1.1384/1.1456 levels respectively.
     
  • Alternatively, a daily close below 1.1040 will take the parity down towards key supports around 1.1010, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
     
  • Australia Oct NAB business conditions increase to 21 vs previous 14.
     
  • Australia Oct NAB business confidence increase to 8 vs previous 7.
     
  • Australia's S&P/ASX 200 index up 0.29 pct at 5,920.00 points in early trade.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.