• AUD/NZD is currently trading around 1.0557 marks.
   
• Pair made intraday high at 1.0560 and low at 1.0519 marks.
   
• Intraday bias remains bullish till the time pair holds key support at 1.0508 marks.  
   
• A sustained close above 1.0581 will drag the parity higher towards key resistances at 1.0652/1.0709/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
   
• Alternatively, reversal from key resistance will take the parity down towards key supports around 1.0497, 1.0450, 1.0420, 1.0315(May 05, 2015 low), 1.0261 and 1.0109 marks respectively.
   
• Important to note here that in a daily chart, 20D, 30D and 55D EMA heads down and confirms the bearish trend.
   
• Australia’s July employment increase to 26.2 k (forecast 11.0 k) vs previous 7.9 k.
   
• Australia’s July unemployment rate decrease to 5.7 % (forecast 5.8 %) vs previous 5.8 %.
   
• Australia’s July participation rate stays flat at 64.9 % (forecast 64.9 %) vs previous 64.9 %.