By James Connell — Feb 24 - 10:40 PM
• AUD/USD turned lower overnight and remains soft in 'risk-off' Asia trading
• Talk on tariffs, inflation and month-end-fix USD buying weighed on pair
• Break below 0.6330 may bookend Feb rally - in place since 0.60886 58-mth-low
• Positive AUD catalysts well known, new impetus needed to preserve uptrend
• U.S. consumer confidence Tue; AU m/m CPI indicator Wed, quarterly capex Thur
• AUD Range 0.63365-0.63555, support 0.6330, resistance
0.6415
AUD eod
(James Connell is a Reuters market analyst. The views expressed
are his own.)
Source:
London Stock Exchange Group | Thomson Reuters