• AUD/NZD is currently trading around 1.0687 marks.
   
• Pair made intraday high at 1.0689 and low at 1.0666 marks.
   
• Intraday bias remains neutral for the moment.  
   
• On the top side, a sustained close above 1.0727 will drag the parity higher towards 1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA)/1.1123/1.1298/1.1317 levels respectively.
   
• Alternatively, a sustained break below 1.0652 mark will take the parity down towards key supports around 1.0628, 1.0560, 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. Current upside movement is short term trend correction only.
   
• Today New Zealand released trade balance data with flat numbers at 127M m/m vs 348M (revised down from 358M) m/m previous release.
   
• In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion).