Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Aussie trades marginally higher as AIG construction index data meets expectations

  • AUD/NZD is currently trading around 1.0509 marks.
     
  • Pair made intraday high at 1.0510 and low at 1.0494 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 1.0434 mark.
     
  • A sustained close above 1.0498 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 1.0498 will take the parity down towards key supports around 1.0458/1.0364/1.0275/1.0237/1.0192 marks respectively.
     
  • Australia AIG construction index June at 43.0 vs 40.4 previous release.
  • Market Data
Close

Welcome to EconoTimes

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