• FxWirePro: Aussie trades marginally lower against major peers after manufacturing PMI, services PMI data

    Source: FxWire Pro - Technicals / 24 Jul 2019 02:42:41   Europe/London

    • AUD/NZD is currently trading around 1.0434 marks.
       
    • Pair made intraday high at 1.0454 and low at 1.0424 marks.
       
    • Intraday bias remains bearish till the time pair holds key resistance at 1.0470 mark.
       
    • A sustained close above 1.0448 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
       
    • Alternatively, a daily close below 1.0407 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
       
    • Australia’s manufacturing PMI at 51.4 m/m vs services PMI at 52.0 previous release.
       
    • Australia’s services PMI at 51.9 m/m vs 52.6 previous release.
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