• AUD/NZD is currently trading around 1.0487 marks.
   
• Pair made intraday high at 1.0505 and low at 1.0412 marks.
   
• Intraday bias remains bullish till the time pair holds immediate support at 1.0415 marks.  
   
• A sustained close above 1.0501 will drag the parity higher towards key resistances at 1.0532/1.0587/1.0618/1.0655/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
   
• Alternatively, a consistent close below 1.0415 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
   
• New Zealand Prime Minister John Key unexpectedly announced his resignation on Monday.