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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 1.046…

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FxWirePro: Aussie rises against major peers on robust CPI data
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  • 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.

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