• Another choppy trading session for the antipodeans, with sentiment remaining brittle amid concerns over China's economy
  
  
• NZ trade data beat forecasts (Tuesday),  posted a smaller-than-expected monthly trade deficit in July, while dairy exports rose for the first time in 11 months
  
  
• Data boosted NZD, relative outperformance vs AUD pushed cross sub-1.10 to 1.0950 base
• Price action in the pair was rejected at highs by 1.1421 on Monday, reinforcing downward bias, trades currently below daily cloud, Daily Stochs show bearish crossover
  
  
• AUD/NZD edges lower on the day, currently at 1.0981, day's range 1.1030/1.0958, immediate support is seen at 1.0912 (Daily Low Aug 24) and resistance at 1.10 (cloud base) 
  
  

Resistance Levels:

R1: 1.1302 (Session high Aug 14)

R2: 1.1317 (Session high August 5)

R3: 1.1377 (Session high July 16)

Support Levels:

S1: 1.0912 (Daily Low Aug 24)

S2: 1.0901 (Session low July 29)

S3: 1.0790 (Session low June 11)