• AUD/NZD is currently trading around 1.0389 marks.
   
• Pair made intraday high at 1.0399 and low at 1.0363 marks.
   
• Intraday bias remains bullish till the time pair holds key support at 1.0312 marks.  
   
• A sustained close above 1.0453 will drag the parity higher towards key resistances at 1.0581/1.0652/1.0709/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
   
• Alternatively, reversal from key resistance will take the parity down towards key supports around 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.
   
• China’s August NBS manufacturing PMI increases to 50.4 (forecast 49.9) vs previous 49.9.
   
• China August Caixin manufacturing PMI final decreases to 50.0 (forecast 50.1) vs previous 50.6.
   
• Australia’s July retail sales mm decrease to 0.0 % (forecast 0.3 %) vs previous 0.1 %.
   
• Australia’s Q2 capital expenditure decreases to -5.4 % (forecast -4.2 %) vs previous -5.2 %.
   
• Australia’s Q2 building CAPEX decreases to -10.6 % vs previous -7.9 %.