AUD/NZD steady above 1.1000

FXStreet (Córdoba) - The aussie is rising modestly against the kiwi on Tuesday supported by risk appetite, RBA minutes and Chinese economic data. AUD/NZDmoved slightly to the upside during the American session but still unable to break above 1.1050.

Since last Thursday, the pair is moving sideways, being rejected from below 1.1000 and facing resistance around 1.1050.

Data ahead in Australia

During WEdnesday’s Asian session, inflation data of the third quarter from Australia will be released at 00:30 GMT. The numbers are likely to have an influence on the aussie.