AUD/USD has broken above the 10-day MA at 0.6425 as USD under pressure

USD/CNH is down over 0.25% and leading the USD broadly lower

Next resistance is at the 21-day MA at 0.6493 with sellers ahead of 0.6490

Risk assets buoyant with the AXJ equity index +0.48% and Nikkei +1.28%

Aus retail sales for July out shortly with market expecting +0.3% M/M

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