• AUD/NZD is currently trading around 1.0511 marks.
   
• Pair made intraday high at 1.0532 and low at 1.0510 marks.
   
• Intraday bias remains bearish till the time pair holds key resistance at 1.0550 mark.
   
• A sustained close above 1.0530 will drag the parity higher towards key resistances around 1.0550, 1.0630, 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
   
• Alternatively, a daily close below 1.0530 will take the parity down towards key supports around 1.0422/1.0336/1.0275/1.0237/1.0192 marks respectively.
   
• Australia April 2019 trade balance G&S (A$) decrease to 4871 Aud (forecast 5100 aud) vs previous 4949 Aud.