• AUD/USD -0.2% Fri as broad USD index breaks above 98.97 55-DMA in Asia

• AUD vulnerable to downside extension post-failure to break 0.7283 resistance

• U.S. inflation concerns continue to escalate; Xi warns Trump on Taiwan

• RBA's Hunter speaks Tue ahead May meeting minutes release, AU Apr jobs Thur

• U.S. initial jobless claims 211k (poll 205k), Apr retail sales +0.5%

• Range Asia 0.7201-23, support 0.7100 0.6834, resistance 0.7283 0.7661
AUD Daily 55-DMA


DXY Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)