The New Zealand dollar fell after disappointing retail sales data on Friday, while the Australian dollar faced resistance around its 200-day moving average as demand for riskier currencies and assets was subdued. The Aussie was at $0.8940, having fallen to as low as $0.8935 during the session. It rose to as high as $0.8973 just shy of its 200-day moving average, which comes in around $0.8979.
The NZ dollar was lower at $0.7118 after falling to $0.7110 following the sluggish retail sales and housing data, after hovering in a tight range between $0.7110 and $0.7153. The Kiwi was likely to struggle to get past 200 hour moving average of $0.7190 with $0.7110 level seen as support.
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