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- AUD/NZD is currently trading around 1.0862 marks.
- Pair made intraday high at 1.0904 and low at 1.0861 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.0954 mark.
- A sustained close above 1.0897 will drag the parity higher towards key resistances at 1.0954/1.1045/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively.
- Alternatively, a daily close below 1.0897 will take the parity down towards key supports around 1.0824, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
- New Zealand's Reserve Bank keeps OCR unchanged at 1.75 percent.
- RBNZ says lower NZ$ would help the economy.
- RBNZ says house price growth has moderated further, this moderation is expected to continue.
- RBNZ says domestic growth is projected to maintain its current pace going forward.
- RBNZ says growth to maintain current pace going forward.
- RBNZ says Q2 GDP grew in-line with expectations.
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