By James Connell — Mar 31 - 11:48 PM
• AUD/USD rallies in Asia, as RBA holds OCR steady and retains hawkish tone
• RBA left the OCR unchanged at 4.10%, says outlook remains uncertain
• Impact from earlier soft Feb retail sales growth dissipated quickly
• The pair sits below 55-DMA, needs momentum to break/return bullish signal
• Attention shifts to Trump's reciprocal tariff announcement expected Wed
• AU balance of trade Thur; U.S. durable goods, trade, payrolls also due
• AUD range Asia 0.6232-0.6265, support 0.6190, resistance 0.6390 0.6415
AUD 55-DMA
AUD hourly
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters