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FxWirePro: Aussie rises against major peers on robust CPI data

  • AUD/NZD is currently trading around 1.0524 marks.
     
  • Pair made intraday high at 1.0524 and low at 1.0465 marks.
     
  • Intraday bias remains bulish till the time pair holds key support at 1.0450 mark.
     
  • A sustained close above 1.0468 will drag the parity higher towards key resistances around 1.0510/1.0570/1.0590/1.0634/1.0712 levels respectively.
     
  • Alternatively, a daily close below 1.0468 will take the parity down towards key supports around 1.0432/1.0333/1.0237  marks respectively.
     
  • Australia Q4 2018 CPI qq increase to 0.5 % (forecast 0.4 %) vs previous 0.4 %.
     
  • Australia Q4 2018 RBA weightd medn CPI qq increase to 0.4 % (forecast 0.5 %) vs previous 0.3 %.
     
  • Australia Q4 2018 CPI index increase to 114.1 vs previous 113.5.
     
  • Australia Q4 2018 RBA weightd medn CPI qq increase to 1.7 % (forecast 0.5 %) vs previous 0.3 %.
     
  • Australia's S&P/ASX 200 index up 0.54 pct at 5,905.80 points in early trade.
  • Market Data
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