FxWirePro: Kiwi gains in early Asia on robust CPI data
AUD/NZD is currently trading around 1.0657 marks. Pair made intraday high at 1.0706 and low at 1.0642 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0739 marks. A daily close belo…
Pair made intraday high at 1.0706 and low at 1.0642 marks.
Intraday bias remains bearish till the time pair holds immediate resistance at 1.0739 marks.
A daily close below 1.0703 will take the parity down towards key supports around 1.0616, 1.0594, 1.0552, 1.0516, 1.0460, 1.0412 and 1.0370 marks respectively.
On the other side, a sustained close above 1.0703 will drag the parity higher towards key resistances at 1.0739/1.0832/1.0904/1.0966/1.1062 (30D EMA)/1.1148 levels respectively.
New Zealand’s Q1 consumer price index +1.0 pct vs previous qtr (poll +0.8 pct).
New Zealand’s Q1 consumer price index +2.2 pct vs year ago (poll +2.0 pct).
New Zealand’s Q1 consumer price index non - tradable +1.0 pct vs previous qtr.
New Zealand’s Q1 consumer price index non - tradable +2.5 pct vs year ago.
