FxWirePro: Aussie depreciates against major peers after CPI data
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…
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.
