FxWirePro: Aussie strengthens against major peers on robust CPI, core CPI data
AUD/NZD is currently trading around 1.0346 marks. Pair made intraday high at 1.0354 and low at 1.0315 marks. Intraday bias remains bullish till the time pair holds key support at 1.0322 marks. A sustained close above 1.0…
Pair made intraday high at 1.0354 and low at 1.0315 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0322 marks.
A sustained close above 1.0326 will drag the parity higher towards key resistances around 1.0386, 1.0455, 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
Alternatively, a daily close below 1.0326 will take the parity down towards key supports around 1.0264/1.0222/1.0178 marks respectively.
Australia’s CPI q/q stands at 0.7 pct vs 0.5 pct previous release (expected 0.6).
Australia’s trimmed mean CPI q/q remains unchanged at 0.4 pct.
Australia’s S&P/ASX 200 was trading 0.65 pct higher at 7,039.10 points.
