AUD/USD opens +0.19% at 0.6739 after recovering from a 7-wwek low at 0.6698

Bounce was aided by Wall Street gains and month-end USD selling nL1N3572AHnL1N3571ZR

AUD/USD bounce having no technical impact on short-term trend lower

The 5, 10 &21-day MA remain in a bearish alignment and all point lower

Sellers are tipped around the 200-day MA just ahead of 0.6800

Resistance is at the 10-day MA at 0.6824 and break would ease pressure

Support is at the 50% of the 0.6170/0.7158 move at 0.6664

Aus data today includes Jan retail sales, current account and net exports contribution to GDP

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