FxWirePro: Aussie trades marginally lower against major peers as AIG construction index data misses expectations
Monday, October 7, 2019 1:44 AM UTC
- AUD/NZD is currently trading around 1.0697 marks.
- Pair made intraday high at 1.0721 and low at 1.0692 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0738 marks.
- A sustained close above 1.0738 will drag the parity higher towards key resistances around 1.0820, 1.0882 and 1.0951 levels respectively.
- Alternatively, a daily close below 1.0738 will take the parity down towards key supports around 1.0670/1.0640/1.0560/1.0518/1.0407/1.0339 marks respectively.
- Aussie Sept AIG construction index stands at 42.6 vs 44.6 previous release.