FxWirePro: Aussie trades flat against major peers after manufacturing PMI, services PMI data
Thursday, October 24, 2019 1:11 AM UTC
- AUD/NZD is currently trading around 1.0668 marks.
- Pair made intraday high at 1.0675 and low at 1.0663 marks.
- Intraday bias remains neutral till the time pair holds key support at 1.0670 marks.
- A sustained close above 1.0670 will drag the parity higher towards key resistances around 1.0712, 1.0820, 1.0882 and 1.0951 levels respectively.
- Alternatively, a daily close below 1.0670 will take the parity down towards key supports around 1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
- Australia manufacturing PMI stands at 50.1 vs 50.3 previous release (expected 49.0).
- Australia services PMI stands at 50.8 vs 52.4 previous release (expected 52.2).
- Australia’s S&P/ASX200 was trading around 0.52 pct higher at 6,708.22 points.