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Aussie trades marginally higher on robust aig services index

Aussie trades marginally higher on robust aig services index

  • AUD/NZD is currently trading around 1.0862 marks.
  • Pair made intraday high at 1.0862 and low at 1.0840 marks.
  • Intraday bias remains neutral for the moment.
  • A sustained close above 1.0847 will drag the parity higher towards key resistances at 1.0945/1.1072/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
  • Alternatively, a daily close below 1.0862 will take the parity down towards key supports around 1.0840, 1.0798, 1.0737 and 1.0693 marks respectively.
  • Australia Jan AIG services index increase to 54.9 vs previous 52.
  • Australia’s S&P/ASX 200 index down 1.43 pct at 6,034.10 points in early trade.

Source: FXWire Technicals

 

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