By James Connell — Mar 27 - 11:36 PM
• AUD/USD slips as traders reduce risk into month-end, RBA policy meeting
• Pair pushing the hourly lower Bollinger band, looks oversold short term
• Key event next week: Apr 1 RBA meeting, OCR steady, statement crucial
• AU election set for May 3, market sceptical of new fiscal commitments
• U.S. PCE Index (Fed's inflation gauge) due Fri, poll 0.3% m/m
• AUD range Asia 0.62835-0.63025, support 0.6260, resistance 0.6390 0.6415
AUD Hourly Bollinger
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters