FxWirePro: Kiwi gains in early hours of Asia on robust CPI data
AUD/NZD is currently trading around 1.0375 marks. Pair made intraday high at 1.0389 and low at 1.0359 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0470 marks. A consistent close…
Pair made intraday high at 1.0389 and low at 1.0359 marks.
Intraday bias remains bearish till the time pair holds immediate resistance at 1.0470 marks.
A consistent close below 1.0372 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
On the other side, a sustained close above 1.0372 will drag the parity higher towards key resistances at 1.0470/1.0532/1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) levels respectively.
New Zealand’s Q4 consumer price index +0.4 pct vs previous qtr (poll +0.3 pct).
New Zealand’s Q4 consumer price index +1.3 pct vs year ago (poll +1.2 pct).
New Zealand’s Q4 consumer price index non-tradables +0.6 pct vs previous qtr.
New Zealand’s Q4 consumer price index non-tradables +2.4 pct vs year ago.
