- AUD/NZD is currently trading around 1.1048 marks.
- Pair made intraday high at 1.1066 and low at 1.1025 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.1120 mark.
- A daily close below 1.1050 will take the parity down towards key supports around 1.0963, 1.0862, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
- On the other side, a sustained close above 1.1050 will drag the parity higher towards key resistances at 1.1148/1.1224/1.1384/1.1456 levels respectively.
- Australia Q2 GDP q/q increase to 0.8 % (forecast 0.9 %) vs previous 0.3 %.
- Australia Q2 GDP y/y increase to 1.8 % (forecast 1.9 %) vs previous 1.7 %.
- Australia Q2 GDP final consumption q/q increase to 0.8 % vs previous 0.6 %.
- Australia Q2 GDP capital expenditure increase to 1.5 % vs previous -0.6 %.
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