FxWirePro: Kiwi appreciates against major peers on robust CPI data
AUD/NZD is currently trading around 1.0858 marks. Pair made intraday high at 1.0895 and low at 1.0818 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0955 mark. A sustained close above 1…
Pair made intraday high at 1.0895 and low at 1.0818 marks.
Intraday bias remains bearish till the time pair holds key resistance at 1.0955 mark.
A sustained close above 1.0883 will drag the parity higher towards key resistances around 1.0955/1.1002/1.1058/1.1175/1.1268/1.1422/1.1526 levels respectively.
Alternatively, a daily close below 1.0883 will take the parity down towards key supports around 1.0782/1.0658/1.0572/1.0502 marks respectively.
New Zealand Q3 2018 CPI qq increase to 0.9 % (forecast 0.7 %) vs previous 0.4 %.
New Zealand Q3 2018 CPI yy increase to 1.9 % (forecast 1.7 %) vs previous 1.5 %.
New Zealand Q3 2018 CPI index number increase to 1024 vs previous 1015.
