AUD/USD opens +0.51% after US yields eased and USD broadly weakened nL1N3H21T3

A wild ride in USD/JPY on intervention rumours dominated FX action nL1N3H20OC

AUD benefited from a rise in risk assets as copper continued surge higher nL1N3H22GOnL1N3H20JQ

Support is at the 200-day MA at 0.6524 and 21-day MA at 0.6511

Resistance is at 50% of Dec-April fall at 0.6616 and April 9 high at 0.6644

Aus March retail sales today may cause some movement, but unlikely to impact

China Mfg PMI for April is out today with market expecting 50.3

Bias is for higher, but with FOMC looming, movements may be limited

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