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TDUX
Apr 21 - 10:55 PM

AUD/USD - Stuck In Neutral, RBA Tone Remains True North

By James Connell  —  Apr 21 - 09:23 PM

• AUD/USD flat Wed, but +3.8% mtd fuelled by growing hawkish RBA sentiment

• RBA officials Hunter & Plumb appear before Senate productivity committee Wed

• AUD break above 0.7250-85 resistance zone would trigger next leg higher

• Vance drops Pakistan trip; Trump extends Iran ceasefire indefinitely

• Iran keeps Strait of Hormuz shut, brands U.S. naval blockade hostile

• AU & U.S. Apr S&P PMIs, U.S. initial jobless claims (poll 210k) due Thur

• Range Asia 0.7147-635, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD weekly 52-WMA


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

Source:
London Stock Exchange Group | Thomson Reuters
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