• AUD/USD steadies after running higher on substantial AU employment data beat

• Apr employment +89.0k jobs m/m (poll +20.0k), unemployment 4.1% (poll 4.1%)

• AUD remains below 0.6454 200-DMA, having ceded ground to USD Wed

• Focus turns to RBA May 20 OCR decision, 25 bps cut still expected

• U.S. jobless claims, retail sales, industrial production all due Thur

• Range Asia 0.6421-57, support 0.6355 0.6180, resistance 0.6550
AUD Hourly Bollinger Study

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