• AUD/USD slightly higher as GDP release shows AU economy remains sluggish

• AU Q1 Real GDP +0.2% q/q, +1.3% y/y (Reuters poll 0.4% & 1.5% respectively)

• AUD making series of higher lows & highs, establishing above 0.6438 200-DMA

• USD likely to come under renewed pressure despite Tue's tentative recovery

• White House claims U.S. on track to secure 'some good trade deals'

• AU trade balance & U.S. international trade due Thur, U.S. NFP Fri

• Range early Asia 0.6454-74, support 0.6390 0.6355, resistance 0.6550
AUD Daily 200-DMA Higher Lows & Higher Highs

(James Connell is a Reuters market analyst. The views expressed are his own.)