FxWirePro: Aussie trades marginally lower as PPI data fails to match expectations

• AUD/NZD is currently trading around 1.1180 marks.
   
• Pair made intraday high at 1.1208 and low at 1.1177 marks.
   
• Intraday bias remains neutral till the time pair holds key support at 1.1166 mark.
   
• A sustained close above 1.1180 will drag the parity higher towards key resistances at 1.1238/1.1289/1.1384/1.1456 levels respectively.
   
• Alternatively, a daily close below 1.1180 will take the parity down towards key supports around 1.1121, 1.1027, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
   
• Australia Q3 PPI Q/Q decrease to 0.2 % vs previous 0.5 %.
   
• Australia Q3 PPI Y/Y decrease to 1.6 % vs previous 1.7 %.
   
• Australia's S&P/ASX 200 index up 0.23 pct at 5,929.90 points in early trade.

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