FxWirePro: Aussie depreciates against major peers after CPI data
Wednesday, October 31, 2018 1:51 AM UTC
- AUD/NZD is currently trading around 1.0812 marks.
- Pair made intraday high at 1.0841 and low at 1.0798 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.0850 mark.
- A sustained close above 1.0865 will drag the parity higher towards key resistances around 1.0895/1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
- Alternatively, a daily close below 1.0813 will take the parity down towards key supports around 1.0757/1.0658/1.0572/1.0502 marks respectively.
- Australia Q3 2018 RBA trimmed mean CPI qq decrease to 0.4 % (forecast 0.4 %) vs previous 0.5 %.
- Australia Q3 2018 CPI index increase to 113.5 vs previous 113.
- Australia Sep 2018 housing credit decrease to 0.3 % vs previous 0.4 %.
- Australia Q3 2018 CPI qq stays flat at 0.4 % (forecast 0.4 %) vs previous 0.4 %.
- Australia's S&P/ASX 200 index up 0.19 pct at 5,816.30 points in early trade.