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FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: EUR/NZD sustains gains despite on going geopolitical risks 
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
- AUD/NZD is currently trading around 1.0921 marks.
- Pair made intraday high at 1.0933 and low at 1.0912 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 1.0950 mark.
- A sustained close above 1.0929 will drag the parity higher towards key resistances at 1.0998/1.1072/1.1122 levels respectively.
- Alternatively, a daily close below 1.0929 will take the parity down towards key supports around 1.0852/1.0795/1.0736/1.0620/1.0572/1.0506 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- New Zealand April trade balance increase to 263 mln nz vs previous -156 mln nz (revised from -86 mln nz).
- New Zealand April trade - exports increase to 5.05 bln nz vs previous 4.79 bln nz (revised from 4.85 bln nz).
- New Zealand Apr trade - imports decrease to 4.79 bln nz vs prev 4.95 bln nz (revised from 4.94 bln nz).
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