Adds April to headline

• Worst monthly AUD performance since September 2014

• AUD has now lost 8.2% since peaking at 0.7661 on April 5

• The steep decline brings rebound risk but AUD has a mountain to climb

• The 2022 0.6968 low from January 28 the bear target after any adjustment

• Friday's 0.7180 high the main resistance and trend squeeze point

• RBA Tues: could throw AUD a life line with a larger than expected hike

• That said there is no strong consensus: no change or might not shock

• According to RBAWATCH mkt pricing in a 97% chance of 15-BP hike to 0.25%

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