• AUD/USD drifts lower in Asia; April CPI data slightly above expectations

• AU Apr CPI 2.4% y/y (Reuters poll consensus 2.3%), trimmed mean 2.8% y/y

• Fed's Williams speaks in Tokyo, calls for strong response to inflation moves

• Wider USD buoyancy amid progress on EU trade deal may be short-lived

• AUD battling to break away from 0.6446 200-DMA, 0.6550 resistance critical

• AU Q1 capex Thur (Reuters poll consensus +0.5%), Apr retail sales due Fri

• Range early Asia 0.64405-53, support 0.6390 0.6355, resistance 0.6550
AUD Hourly Bollinger Study

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