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FxWirePro: Kiwi rises in early Asia on the back of higher than expected CPI data

Wednesday, January 23, 2019 1:28 AM UTC

AUD/NZD is currently trading around 1.0527 marks.
Pair made intraday high at 1.0559 and low at 1.0522 marks.
Intraday bias remains bearish for the moment.
A sustained close above 1.0545 will drag the parity higher towards key resistances around 1.0634/1.0712/1.0877/1.0955 levels respectively.
Alternatively, a daily close below 1.0545 will take the parity down towards key supports around 1.0481/1.0432/1.0333/1.0237 marks respectively
New Zealand Q4 2018 CPI qq decrease to 0.1 % vs previous 0.9 % (forecast 0.0 %).
New Zealand Q4 2018 CPI yy stays flat at 1.9 % (forecast 1.8 %) vs previous 1.9 %.
New Zealand Q4 2018 CPI index number increase to 1025 vs previous 1024.

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FxWirePro: Kiwi rises in early Asia on the back of higher than expected CPI data

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