Yesterday we got business confidence data from Australia, and the confidence data continues today with,
- At 0030GMT, Westpac Consumer Confidence Index (s.a.) for April m/m, prior was -0.7% to 99.5
Following, at 0130GMT: Australian housing finance for February 2014
- Home loans m/m, expected is +1.5%, prior was +0.0%
- Investment lending m/m, prior was -3.3%
- Owner-occupied loan value m/m, prior was +1.5%
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AUD/USD has resistance at 0.9420, support initially today at 0.9320. I’ll be back with the orderboard a little later.