FxWirePro: Kiwi depreciates drastically against major peers as CPI data misses expectations
AUD/NZD is currently trading around 1.0680 marks. Pair made intraday high at 1.0729 and low at 1.0584 marks. Intraday bias remains bullish for the moment. A sustained close above 1.0670 will drag the parity higher toward…
Pair made intraday high at 1.0729 and low at 1.0584 marks.
Intraday bias remains bullish for the moment.
A sustained close above 1.0670 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
Alternatively, a daily close below 1.0584 will take the parity down towards key supports around 1.0532/1.0449/1.0364/1.0275/1.0237/1.0192 marks respectively.
New Zealand Q1 2019 CPI qq stays flat at 0.1 % (forecast 0.3 %) vs previous 0.1 %.
New Zealand Q1 2019 CPI index number increase to 1026 (forecast 1027.5 ) vs previous 1025.
