- AUD/NZD is currently trading around 1.1125 marks.
- Pair made intraday high at 1.1129 and low at 1.1084 marks.
- Intraday bias remains bullish till the time pair holds key support at 1.1055 mark.
- A daily close below 1.1088 will take the parity down towards key supports around 1.0963, 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 1.1088 will drag the parity higher towards key resistances at 1.1148/1.1224/1.1384/1.1456 levels respectively.
- Australia August AIG services index decrease to 53.0 vs previous 56.4.
- Australia Q2 current account balance decrease to -9.6 bln aud (forecast -8.05 bln aud) vs previous -4.8 bln aud (revised from -3.1 bln aud).
- Australia's S&P/ASX 200 index down 0.03 pct at 5,700.40 points in early trade.
- RBA will release cash rate decision at 0430 GMT.
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