FxWirePro: Aussie depreciates against major peers after RBA’s monetary policy meeting minutes
AUD/NZD is currently trading around 1.0624 marks. Pair made intraday high at 1.0645 and low at 1.0620 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0665 marks. A sustained close above …
Pair made intraday high at 1.0645 and low at 1.0620 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0665 marks.
A sustained close above 1.0665 will drag the parity higher towards key resistances around 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
Alternatively, a daily close below 1.0634 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339 marks respectively.
Kiwi PPI input q/q stands at 0.9 pct vs 0.3 pct previous release (expected 0.2 pct).
Kiwi PPI output q/q stands at 1.0 pct vs 0.5 pct previous release (expected 0.4 pct).
