FxWirePro: Aussie rises against major peers on robust CPI data
AUD/NZD is currently trading around 1.0438 marks. Pair made intraday high at 1.0439 and low at 1.0386 marks. Intraday bias remains bullish till the time pair holds key support at 1.0391 mark. A sustained close above 1.04…
Pair made intraday high at 1.0439 and low at 1.0386 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0391 mark.
A sustained close above 1.0448 will drag the parity higher towards key resistances around 1.0470, 1.0528, 1.0580, 1.0642, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0391 will take the parity down towards key supports around 1.0364/1.0275/1.0237/1.0192 marks respectively.
Australia q/q CPI at 0.6 pct vs 0.0 pct prevvious release.
Australia trimmed mean CPI q/q at 0.4 pct vs 0.3 pct previous release.
