FxWirePro: Aussie trades almost flat against major peers despite lower than expected NAB business confidence data

• AUD/NZD is currently trading around 1.0535 marks.
   
• Pair made intraday high at 1.0541 and low at 1.0518 marks.
   
• Intraday bias remains neutral till the time pair holds key support at 1.0500 mark.
   
• A sustained close above 1.0533 will drag the parity higher towards key resistances at 1.0597/1.0652/1.0705/1.0802/1.0945/1.1072 levels respectively.
   
• Alternatively, a daily close below 1.0533 will take the parity down towards key supports around 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.
   
• Australia March NAB business confidence decrease to 7 vs previous 9.
   
• Australia March NAB business conditions decrease to 14 vs previous 21.
   
• Australia's S&P/ASX 200 index down 0.40 pct at 5,785.70 points in early trade.

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