- AUD/NZD is currently trading around 1.0703 marks.
- Pair made intraday high at 1.0709 and low at 1.0675 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.0654 mark.
- A sustained close above 1.0683 will drag the parity higher towards key resistances at 1.0730/1.0770/1.0840/1.0945/1.1072/1.1113/1.1163/1.1238 levels respectively.
- Alternatively, a daily close below 1.0683 will take the parity down towards key supports around 1.0654/1.0550/1.0443/1.0392 marks respectively.
- New Zealand Q4 retail sales v/s year ago increase to 5.4 % vs previous 4.1 %.
- New Zealand Q4 retail sales volumes q/q increase to 1.7 % vs previous 0.2 %.
- Australia's S&P/ASX 200 index up 0.60 pct at 5,986.90 points in early trade.
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