AUD sits bottom of the G10 pile weighed by...>

AUSSIE: AUD sits bottom of the G10 pile weighed by the soft AU GDP release

overnight (+0.3% Q/Q vs median +0.6%), which has now led some analysts talking

about a possible RBA rate cut. AUDUSD slipped +70 pips on the session to

$0.7282, before dip buyers cushioned falls. Up trendline & the 100-dma provide

downside support at $0.7245/40, a break here opens a move toward the $0.7200

area. AUDNZD touched multi-month lows of NZ$1.0525, expect support on approach

to NZ$1.0500, a break opens a move towards the ytd low at NZ$1.0488. AUDJPY

comfortably holds below Y83.00, last Y82.52. Bears target a break of the Y82.00

level, a break could accelerate the move toward Y81.93/90 which represents the

38.2% retracement of Y78.56-84.02 & 200-dma. EURAUD extended its recovery off

Monday's multi-month lows to A$1.5544, the 50% retracement level of

A$1.5783-1.5347 seen capping topside gains at A$1.5565.