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- AUD/NZD is currently trading around 1.0709 marks.
- Pair made intraday high at 1.0746 and low at 1.0708 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0754 marks.
- A daily close below 1.0722 will take the parity down towards key supports around 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
- On the other side, a sustained close above 1.0754 will drag the parity higher towards key resistances at 1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
- Australia June trade balance G&S (A$) decrease to 856 mln aud (forecast 1800 mln aud) vs previous 2024 mln aud (revised from 2471 mln aud).
- Australia June goods/services exports decrease to -1 % vs previous 9.0 %.
- Australia June goods/services imports increase to 2 % vs previous 1.0 %.
- Australia AIG performance of services index rose 1.6 points to 56.4 in July.
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