• AUD/USD hits fresh 0.6450 YTD high on stop-loss buying above 0.6439

• Pair retraced lower after the initial run, but remains bid overall

• Break above 200-DMA (0.6462) would initiate rally towards 0.6550

• RBA's Kent spoke Tue on structural aspects of FX market & external exposure

• AU Q1 CPI due Wed, will solidify expectations around May RBA move

• Tariff uncertainty hurting USD; raft of impactful U.S. data due pre-Fri

• Range 0.6415-50, support 0.6350-55 0.6180, resistance 0.6462 0.6550
AUD Daily 200-DMA


AUD Hourly Bollinger Study

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