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FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
- AUD/NZD is currently trading around 1.0882 marks.
- Pair made intraday high at 1.0892 and low at 1.0835 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.0826 mark.
- A sustained close above 1.0874 will drag the parity higher towards key resistances at 1.0892/1.0927/1.0998/1.1072/1.1122 levels respectively.
- Alternatively, a daily close below 1.0842 will take the parity down towards key supports around 1.0826/1.0776/1.0736/1.0620/1.0572 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Australia Q1 GDP q/q increase to 1 % (forecast 0.9 %) vs previous 0.4 %.
- Australia Q1 GDP y/y increase to 3.1 % (forecast 2.8 %) vs previous 2.4 %.
- Australia's S&P/ASX 200 index up 0.35 pct at 6,015.90 points in early trade.
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