• AUD/NZD is currently trading around 1.0554 marks.
   
• Pair made intraday high at 1.0581 and low at 1.0508 marks.
   
• Intraday bias remains bearish till the time pair holds key resistance at 1.0652 marks.  
   
• A sustained close above 1.0652 will drag the parity higher towards 1.0709/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
   
• Alternatively, current down fall 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.
   
• New Zealand's unemployment rate fell to 5.1% in the June quarter vs 5.2% previous release.
   
• On the other side, New Zealand’s employment change released with positive numbers at 2.4% Q/Q vs 1.4% Q/Q previous release.
   
• In addition, New Zealand's PPI index rose to 0.9% Q/Q vs -1.0% Q/Q.