• AUD/NZD is currently trading around 1.0830 marks.
   
• Pair made intraday high at 1.0835 and low at 1.0782 marks.
   
• Intraday bias remains bullish till the time pair holds key support at 1.0776 mark.
   
• A sustained close above 1.0797 will drag the parity higher towards key resistances at 1.0850/1.0927/1.0998/1.1072/1.1122 levels respectively.
   
• Alternatively, a daily close below 1.0797 will take the parity down towards key supports around 1.0736/1.0658/1.0572/1.0502  marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
   
• RBNZ says OCR to remain at 1.75 pct for some time to come.
   
• RBNZ says CPI inflation is likely to increase in near term due to higher fuel prices.
   
• RBNZ says spending, investment by both households and government likely to support growth.
   
• RBNZ says global economic growth likely to support demand for nz products and services.