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AUD/USD starts the week on a slightly........>

AUSSIE
AUSSIE: AUD/USD starts the week on a slightly firmer note, with some regions of
Australia off for the Anzac Day. The rate sits at $0.6389, 18 pips higher on the
day. There seems to be little to underpin the move in the way of headline flow.
- A break above Apr 23 high of $0.6406 is needed to open up the key near-term
resistance, which has been defined at Apr 14 high of $0.6445. Bears need a drop
below Apr 21 low of $0.6254 to pick up some momentum and expose the next support
level below at $0.6214, the high of Mar 31.
- Australia is stepping up its attempts to contain the coronavirus outbreak. The
nation has launched a contact-tracing app over the weekend. Meanwhile, Home
Affairs Min Dutton told Sky News that the gov't is exploring ways to increase
biological security at the borders.
- Coming up in Australia this week we have CPI data (Wednesday), as well as
terms of trade, private sector credit and AiG M'fing PMI (Thursday).

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