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FxWirePro: Aussie falls against major peers after CPI, new home sales data

  • AUD/NZD is currently trading around 1.0788 marks.
     
  • Pair made intraday high at 1.0800 and low at 1.0784 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0800 marks.
     
  • A sustained close above 1.0799 will drag the parity higher towards key resistances around 1.0820, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0799 will take the parity down towards key supports around 1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia’s new home sales m/m stands at 5.7 vs 7.3 previous released.
     
  • Australia’s CPI stands at 0.5 vs 0.6 previous released (expected 0.5).
     
  • Australia’s Trimmed mean CPI stands at 0.4 vs 0.4 previous released (expected 0.4).
     
  • Australia’s S&P/ASX200 was trading around 0.58 pct lower at 6,705.60 points.
  • Market Data
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