AUD/USD opens +1.29% with AUD the best performing major currency

Strong US corporate earnings lifted Wall Street and weighed on USD nL1N2Z020R

AUD/USD closed above 21-day MA [0.6845) to conform bottom in place

Rally stalling at 38.2 of 0.7282/0.6682 move at 0.6911

A break above 0.6915 targets the 55-day MA at 0.6975

Support is at the 21-day MA at 0.6845 and 10-day MA at 0.6810

RBA Governor Lowe speaks this morning on inflation

Hawkish RBA minutes yesterday underpinned AUD sentiment nL4N2Z006W

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