AUD/USD cautious in Asia after failing to overcome resistance for a 2nd day

Closed 0.2% higher on Monday after trading in 0.6565-0.6605 range

Inability to close above 100, 200-day moving averages @ 0.6598-0.6602 weighs

Geopolitical tensions, caution ahead of key data saps risk, undermines AUD

Downside limited as RBA policy diverges from other major central banks

Clear break of 0.6605 targets 0.6625, supports 0.6550, 0.6525-30

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