FxWirePro: Kiwi strengthens remarkably against major peers as RBNZ keeps official cash rate unchanged
Wednesday, November 13, 2019 1:14 AM UTC
- AUD/NZD is currently trading around 1.0684 marks.
- Pair made intraday high at 1.0806 and low at 1.0677 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.0833 marks.
- A sustained close above 1.0833 will drag the parity higher towards key resistances around 1.0882, 1.0951 and 1.1145 levels respectively.
- Alternatively, a daily close below 1.0670 will take the parity down towards key supports around 1.0560/1.0518/1.0407/1.0339 marks respectively.
- RBNZ keeps cash rate unchanged at 1.00 pct.
- Aussie’s wage price index stands at 0.5 pct vs 0.5 pct previous release (expected 0.5 pct).
- Aussie’s Westpac consumer sentiment stands at 4.5 pct vs -5.5 pct previous release.