AUD/USD opens 0.46% higher - as the AUD gained against most major currencies nL1N37520K

Rising commodity prices underpinning AUD as global growth concerns ease nL1N3750FXnL1N3750AV

AUD/USD traded to 0.6804 to break 100-day MA (0.6790), but closed below

Rally capped ahead of the April 14 trend high at 0.6808

A break above 0.6810 targets the 50% of the 0.7158/0.6564 move at 0.6861

Support is at the 21-day MA at 0.6693 and break eases upward pressure

Australia Q1 retail sales out today with the market looking for -0.60%

Unlikely to be a market mover unless well outside expectations

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