- AUD/NZD is currently trading around 1.1043 marks.
- Pair made intraday high at 1.1058 and low at 1.1038 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.1072 mark.
- A sustained close above 1.1050 will drag the parity higher towards key resistances at 1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
- Alternatively, a daily close below 1.1050 will take the parity down towards key supports around 1.1018, 1.0902, 1.0830, 1.0798, 1.0737 and 1.0693 marks respectively.
- New Zealand Dec trade balance increase to 640 mln nz vs prev -1233 mln nz (revised from -1193 mln nz).
- Australia Dec NAB business conditions increase to 13 vs previous 12.
- Australia Dec NAB business confidence increase to 11 vs previous 6.
- Australia's S&P/ASX 200 index down 0.47 pct at 6,046.80 points in early trade.
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