• AUD/NZD is currently trading around 1.0499 marks.
   
• Pair made intraday high at 1.0526 and low at 1.0494 marks.
   
• Intraday bias remains bearish till the time pair holds immediate resistance at 1.0543 marks.  
   
• A consistent close below 1.0512 will take the parity down towards key supports around 1.0465, 1.0420, 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
   
• On the other side, a sustained close above 1.0512 will drag the parity higher towards key resistances at 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.
   
• S&P says New Zealand ratings affirmed; outlook remains stable.
   
• S&P says New Zealand has monetary and fiscal flexibility, a resilient economy.
   
• S&P says New Zealand has institutions conducive to swift and decisive policy actions.
   
• S&P - Outlook reflects expectation that New Zealand will maintain or improve fiscal performance over medium term.