FxWirePro: Kiwi falls sharply against major peers as CPI data misses expectations

• AUD/NZD is currently trading around 1.0962 marks.
   
• Pair made intraday high at 1.0993 and low at 1.0960 marks.
   
• Intraday bias remains neutral till the time pair holds key resistance at 1.1002 mark.
   
• A sustained close above 1.0986 will drag the parity higher towards key resistances at 1.1050/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
   
• Alternatively, a daily close below 1.0986 will take the parity down towards key supports around 1.0902, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
   
• New Zealand Q4 consumer price index +0.1 pct vs previous qtr (poll +0.4 pct).
   
• New Zealand Q4 consumer price index +1.6 pct vs year ago ( poll +1.9 pct).

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