By Andrew M Spencer — Mar 31 - 08:20 PM
+0.05% after falling 0.35%, as risk and most commodities eased offshore
No significant Australian data or scheduled RBA events - risk and USD lead
Expecting tight consolidation ahead of often volatile U.S. payrolls tonight
Latest poll suggests the RBA will begin raising rates in Q3 nL3N2VW1GP
Charts; momentum studies crest, as 21 day Bollinger bands rise
5, 10 & 21 day moving averages conflict - uptrend has stalled
Break of this week's 0.7540 top or 0.7440 prior March top likely directional
NY 0.7481 - 0.7514 range is initial support and resistance
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For more click on FXBUZ
aud Apr 1 Click here
Source:
Refinitiv IFR Research/Market Commentary