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- AUD/NZD is currently trading around 1.0956 marks.
- Pair made intraday high at 1.1039 and low at 1.0954 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.1050 mark.
- A sustained close above 1.1021 will drag the parity higher towards key resistances at 1.1072/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
- Alternatively, a daily close below 1.1021 will take the parity down towards key supports around 1.0902, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
- Australia Q4 RBA trimmed mean CPI q/q stays flat at 0.4 % (forecast 0.5 %) vs previous 0.4 %.
- Australia Q4 CPI q/q stays flat at 0.6 % (forecast 0.7 %) vs previous 0.6 %.
- Australia Dec private sector credit decrease to 0.3 % vs previous 0.5 %.
- Australia's S&P/ASX 200 index down 0.41 pct at 5,998.10 points in early trade.
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