AUD/USD opens 0.25% lower as higher US yields and soggy risk assets weighed nL1N2XN1L8nL1N2XN32Z

AUD/USD has formed a double-bottom around 0.7050 where bids are tipped

Resistance is at the 100-day MA at 0.7230 with sellers around 0.7200

Aus Q1 GDP is out today with market looking for +0.5% Q/Q and +2.9% Y/Y

AUD/USD trending higher with the 5, 10 and 21-day MAs in bullish alignment

A break below 10-day MA at 0.7122 and break would suggest weakening momentum

For more click on FXBUZ