• +0.1% after closing up 0.2% with risk 'on' USD softer and Wall Street higher

• Optimism fades that China to bounce quickly from COVID lockdown nL3N2XI0T8

• Conflicting offshore U.S.-China outlooks leave AUD in a holding pattern

• Australian final retail sales due at 11.30am in Sydney RTRS poll +0.9%

• Charts; neutral momentum studies, 5, 10 & 21 DMAs base or climb

• 21 day Bollinger bands flat line - net a modest positive setup

• Close above 0.7146, 38.2% of the 2022 fall would be a bullish signal

• NY 0.7072 low and Thursday's 0.7059 Asian low initial supports

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