- AUD/NZD is currently trading around 1.0755 marks.
- Pair made intraday high at 1.0776 and low at 1.0743 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0826 mark.
- A sustained close above 1.0760 will drag the parity higher towards key resistances at 1.0826/1.0945/1.1072/1.1113/1.1163/1.1238 levels respectively.
- Alternatively, a daily close below 1.0760 will take the parity down towards key supports around 1.0715/1.0654/1.0550/1.0443 marks respectively.
- Australia Q4 capital expenditure decrease to -0.2 % (forecast 0.9 %) vs previous 1 %.
- Australia Feb AIG manufacturing index decrease to 57.5 vs previous 58.7.
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