Fxwirepro: Kiwi falls on the Back of Lower Than expected Gdp Data, Australia’s Employment Data in Focus

By | June 15, 2017
  • AUD/NZD is currently trading around 1.0469 marks.  
  • Pair made intraday high at 1.0483 and low at 1.0427 marks.  
  • Intraday bias remains bullish till the time pair holds key support at 1.0437 marks.   
  • A daily close below 1.0437 will take the parity down towards key supports around 1.0391 and 1.0326 marks respectively.  
  • On the other side, a sustained close above 1.0437 will drag the parity higher towards key resistances at 1.0516/1.0626/1.0790/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.  
  • New Zealand released GDP data with negative numbers at 0.5 pct q/q vs 0.7 pct poll (previous 0.4 pct).  
  • Australia will release employment data at 0130 GMT.

The material has been provided by InstaForex Company – www.instaforex.com

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