AUD/USD opened +0.62% at 0.6694 after USD fell after US CPI nL4N36G0A0

It was around 0.6690 when Aus jobs data came in better than expected nL1N36G02Q

AUD/USD jumped to 0.6722 before settling late morning at 0.6705/10

Futures market pricing in around a 17% chance RBA will hike in May

Some economists believe a hot Aus CPI April 26 could see RBA hike 25 bps

AUD/USD resistance is strong ahead of 0.6800 with sellers ahead of 0.6730

55-day MA is at 0.6781, April high is at 0.6793 and 100-day MA is at 0.6799

Support is at the 21-day MA at 0.6690 and break would ease upward pressure

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