AUD/USD last trades at $0.7082, barely.......>

AUSSIE: AUD/USD last trades at $0.7082, barely changed on the day, following

comments from RBA Gov Lowe, who reaffirmed the Bank's shift to a more neutral

stance re: MonPol and noted that "it's hard to think of a scenario where

interest rates would need to go up this year." Lowe also said that this year's

Q4 and Q3 GDPs are likely to print "significantly below trend." As a reminder,

AU 2018 Q4 GDP comes out at 0030GMT/1130AEDT.

- On Tuesday, the pair closed 8 pips lower, as stronger than exp. U.S.

non-m'fing ISM and new home sales put a bid into USD. This occurred after AUD

registered losses vs. its G10 peers in Asia-Pac hours, pressured by soft Chinese

Caixin services/composite PMI data, as well as Australian Q4 net exports of GDP,

which added to a series of weak Q4 GDP partials, ahead of today's key release.

- Also yesterday, the RBA left its cash rate unch., with no significant changes

to the language in its statement. The decision had little impact on AUD.

- Bears look for a fall through the cloud top/base at $0.7069/68. Below here

opens the lower Bollinger band (2%) at $0.7046. Meanwhile, bulls look to the

100-HMA, located at $0.7095, followed by the 21-DMA at $0.7121.