• AUD/NZD is currently trading around 1.0614 marks.
   
• Pair made intraday high at 1.0617 and low at 1.0594 marks.
   
• Intraday bias remains bullish till the time pair holds key support at 1.0557 mark.
   
• A sustained close above 1.0625 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
   
• Alternatively, a daily close below 1.0557 will take the parity down towards key supports around 1.0532/1.0449/1.0364/1.0275/1.0237/1.0192  marks respectively.
   
• RBA - A$ at low end of range, low bond yields offsetting upward pressure from higher commodity prices.
   
• RBA - Near term outlook for consumption growth has been revised lower.
   
• RBA - Outlook for export growth and terms of trade revised upward.
   
• RBA - Forecasts unemployment at 5 pct out to Dec 2020, 4.75 pct by June 2021.