AUD/USD last seen at $0.6905, fluctuates.....>

AUSSIE: AUD/USD last seen at $0.6905, fluctuates around neutral levels. It has

just moved back onto the $0.6900 handle as USD/CNH has softened a tad. ANZ Roy

Morgan Weekly Consumer Confidence Index came and went; it improved to 107.3 from

106.2, mostly on the back of recovery in the economic conditions sub-indices.

- Positive risk sentiment allowed the rate to consolidate above its 200-DMA on

Monday. The imminent signing of U.S.-China phase-one deal & U.S. Tsy's decision

to remove China from its list of FX manipulators supported AUD, to a degree.

- Bulls need a break above yesterday's peak at $0.6920 to bring the Jan 7 high

of $0.6943 into view. A breach of the latter level would put bulls back in the

driving seat. Meanwhile, bears need a fall through the 200- and 50-DMAs, at

$0.6891 and $0.6869 respectively, before targeting the key support from the lows

of Jan 9/8 at $0.6850/49.

- Aussie housing finance data is due on Thursday.