• FxWirePro: Kiwi falls against major peers as ANZ business confidence data misses expectations

    Source: FxWire Pro - Technicals / 28 Aug 2019 22:42:44   America/New_York

    • AUD/NZD is currently trading around 1.0648 marks.
       
    • Pair made intraday high at 1.0660 and low at 1.0613 marks.
       
    • Intraday bias remains bullish for the moment.
       
    • A sustained close above 1.0626 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
       
    • Alternatively, a daily close below 1.0626 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339/1.0275/1.0237 marks respectively.
       
    • NZ business confidence data at -52.3 pct vs -44.3 pct previous release.
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