- AUD/NZD is trading around 1.1103 marks.
- Pair made intraday high at 1.1123 and low at 1.1071 marks.
- The Chinese Manufacturing Purchasing Managers' Index rose from 49.0 in February to nine-month high of 50.2 in March.
- On the other side, China’s Caixin manufacturing PMI for March came in at 49.7, better than the level of 48.3 expected and 48.0 for the final in February.
- Intraday bias remains bullish for the moment.
- A daily close below 1.1062 will take the parity down towards 1.1016/ 1.0934 marks.
- On the other side, a sustained close above key resistance at 1.1123 will drag the parity up towards 1.1298/1.1352/1.1590 marks.
- Important to note here that, overall trend remains bullish as 20D, 30D and 55D EMA heads up in daily chart and confirms bullish trend.
We prefer to take long position in AUD/NZD around 1.1100, stop loss 1.1062 and target 1.1228/1.1298 marks.


FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/NZD edges up, remains on front foot
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD stuck in range but maintains bearish bias 



