FxWirePro: Kiwi trades marginally higher despite lower than expected PPI data

• AUD/NZD is currently trading around 1.1054 marks.
   
• Pair made intraday high at 1.1081 and low at 1.1049 marks.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 1.1075 mark.
   
• A sustained close above 1.1075 will drag the parity higher towards key resistances at 1.1105/1.1163/1.1238/1.1289/1.1384/1.1456 levels respectively.
   
• Alternatively, a daily close below 1.1075 will take the parity down towards key supports around 1.1010, 1.0989, 1.0930, 1.0873, 1.0798, 1.0737 and 1.0693 marks respectively.
   
• New Zealand October month s/adj PMI 57.2 (previous 57.6).
   
• NZ Q3 producer price index inputs +1.0 pct (previous 1.4 pct).

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