- AUD/NZD is currently trading around 1.0771 marks.
- Pair made intraday high at 1.0777 and low at 1.0757 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0840 mark.
- A sustained close above 1.0766 will drag the parity higher towards key resistances at 1.0840/1.0945/1.1072/1.1113/1.1163/1.1238/1.1289/1.1384 levels respectively.
- Alternatively, a daily close below 1.0766 will take the parity down towards key supports around 1.0737, 1.0693 and 1.0648 marks respectively.
- New Zealand Q4 unemployment rate decrease to 4.5 % (forecast 4.6 %) vs previous 4.6 %.
- New Zealand Q4 job growth q/q decrease to 0.5 % (forecast 0.2 %) vs previous 2.2 %.
- Australia Jan AIG construction index increase to 54.3 vs previous 52.8.
- Australia's S&P/ASX 200 index up 1.38 pct at 5,913.90 points in early trade.
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