• AUD/NZD is currently trading around 1.0692 marks.
   
• Pair made intraday high at 1.0708 and low at 1.0683 marks.
   
• Intraday bias remains neutral till the time pair holds key resistance at 1.0708 mark.
   
• A sustained close above 1.0688 will drag the parity higher towards key resistances at 1.0748/1.0850/1.0927/1.0998/1.1072/1.1122 levels respectively.
   
• Alternatively, a daily close below 1.0688 will take the parity down towards key supports around 1.0620/1.0572/1.0502 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
   
• New Zealand June dairy prices increase to -1.2 (weekly).
   
• New Zealand June milk auctions increase to 3481 (weekly).
   
• New Zealand Q2 westpac consumer survey decrease to 108.6 vs previous 111.2.
   
• New Zealand Q1 2018 current account - qtrly increase to 0.182.