FxWirePro: Kiwi gains in early Asia on the back of higher than expected trade balance data

• AUD/NZD is currently trading around 1.0932 marks.
   
• Pair made intraday high at 1.0948 and low at 1.0926 marks.
   
• Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0958 mark.
   
• A daily close below 1.0958 will take the parity down towards key supports around 1.0862, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
   
• On the other side, a sustained close above 1.0958 will drag the parity higher towards key resistances at 1.1062/1.1148/1.1224 levels respectively.
   
• New Zealand July month trade balance NZ$+85.00 million.
   
• New Zealand July annual trade balance NZ$-3.21 billion.
   
• New Zealand July month imports NZ$+4.55 billion.
   
• New Zealand July month exports NZ$+4.63 billion.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest