AUD/USD opens -0.77% as USD and JPY firmed while Wall Street crumbled nL2N2WO2TV
High-beta assets such as tech stocks and Bitcoin were hardest hit
AUD pressured by high-beta selloff, as it prospered when they were in demand
AUD/USD losses may have been worse if key commodities didn't firm on the day nL2N2WO055nL2N2WO0J1nL3N2WO24L
AUD/USD closed just below the 76.4 fibo of the 2022 low/high at 0.7131
Minor support is at the Feb 24 spike low at 0.7094
AUD/USD trending lower with the 5, 10 and 21-day MAs in a bearish alignment
Resistance is at former support at 0.7230/35 and 200-day MA at 0.7291
Aus CPI today with trimmed mean and weighted mean expected to come in at 1.1% and 1.2% Q/Q respectively
A hot CPI report would cement expectations of a June rate hike
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