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FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
AUD/JPY Outlook: Bullish Trend Intact Despite US-Iran Diplomatic Stalls 
- AUD/NZD is currently trading around 1.0719 marks.
- Pair made intraday high at 1.0720 and low at 1.0694 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0668 mark.
- A sustained close above 1.0698 will drag the parity higher towards key resistances at 1.0802/1.0945/1.1072 levels respectively.
- Alternatively, a daily close below 1.0698 will take the parity down towards key supports around 1.0620/1.0572/1.0506/1.0443/1.0380/1.0305 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Australia Q1 export prices increase to 4.9 % vs previous 2.8 %.
- Australia Q1 import prices increase to 2.1 % vs previous 2 %.
- Australia's S&P/ASX 200 index down 0.06 pct at 5,918.10 points in early trade.
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