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FxWirePro: Kiwi remains almost unchanged against major peers despite robust CPI data

Monday, April 20, 2020 2:47 AM UTC

AUD/NZD is currently trading around 1.0547 marks.
Pair made intraday high at 1.0555 and low at 1.0493 marks.
Intraday bias remains neutral for the moment.
A sustained close above 1.0550 will drag the parity higher towards key resistances around 1.0606, 1.0654 and 1.0743 mark respectively.
Alternatively, a daily close below 1.0533 will drag the parity lower towards key supports around 1.0467/1.0405/1.0363/1.0315 marks respectively.
New Zealand’s CPI q/q stands at 0.8 pct vs 0.5 pct previous release (expected 0.4).

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FxWirePro: Kiwi remains almost unchanged against major peers despite robust CPI data

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