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Apr 14 - 07:55 PM

AUD/USD - Steadies Ahead RBA Meeting Minutes

By James Connell  —  Apr 14 - 06:18 PM

• AUD/USD extended its rally overnight, the 0.6342 high +7.3% from Wed's low

• Pair settles above the 55-DMA; RBA Apr meeting minutes due 0130 GMT Tue

• Fed Governor Waller says tariffs shock has wide array of possible outcomes

• Break of pre-U.S. tariff day 0.6390 resistance will require fresh impetus

• China-U.S. trade war developments key; potential CN stimulus AUD positive

• AU employment data 0130 GMT Thur, Reuters poll consensus +40.0k jobs

• CN retail/GDP, U.S. trade/retail/industrial production all due pre-Fri

• Overnight range 0.62755-0.6342, support 0.6180 0.5910, resistance 0.6390
AUD 55-DMA


AUD Hourly


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

Source:
London Stock Exchange Group | Thomson Reuters

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