• FxWirePro: Aussie depreciates against major peers as private capital expenditure data misses expectations

    Source: FxWire Pro - Technicals / 27 Nov 2019 22:05:54   America/New_York

    • AUD/NZD is currently trading around 1.0532 marks.
       
    • Pair made intraday high at 1.0559 and low at 1.0526 marks.
       
    • Intraday bias remains bearish till the time pair holds key resistance at 1.06 marks.
       
    • A sustained close above 1.0554 will drag the parity higher towards key resistances around 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
       
    • Alternatively, a daily close below 1.0554 will take the parity down towards key supports around 1.0465/1.0407/1.0339 marks respectively.
       
    • Aussie private capital expenditure q/q stands at -0.2 pct vs -0.6 pct previous release (expected 0.0).
       
    • Kiwi ANZ business confidence stands at -26.4 pct vs -42.4 pct previous release.
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