Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Aussie falls against major peers as CPI data misses expectations

  • AUD/NZD is currently trading around 1.0643 marks.
     
  • Pair made intraday high at 1.0702 and low at 1.0627 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance 1.0700 marks.  
     
  • A daily close below 1.0700 will take the parity down towards key supports around 1.0636, 1.0525, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0700 will drag the parity higher towards key resistances at 1.0754/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia Q2 CPI q/q decrease to 0.2 % (forecast 0.4 %) vs previous 0.5 %.
     
  • Australia Q2 CPI y/y decrease to 1.9 % (forecast 2.2 %) vs previous 2.1 %.
     
  • Australia Q2 RBA trimmed mean CSI q/q stays flat at 0.5 % (forecast 0.5 %) vs previous 0.5 %.
     
  • Australia Q2 CPI index number increase to 110.7 vs previous 110.5.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.