FxWirePro: Aussie trades marginally higher as AIG construction index data meets expectations
Friday, July 5, 2019 1:42 AM UTC
- 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.