• Pair opened Thursday at 0.7759 and traded 0.7719-60 range in Asia
  
  
• A dovish turn in RBNZ language affect NZD with AUD lagging behind
  
  
• AUD/NZD major beneficiary up 0.9% on day but major resistance at 1.0220
  
  
• Soft China flash PMI data (49.2 vs 49.6 fcast) had only a momentary impact
  
  
• AUD/USD down 0.15% on day - strong support around 0.7710