AUD/USD trades flat at $0.7164 after.........>

AUSSIE: AUD/USD trades flat at $0.7164 after climbing 35 pips Tuesday, as the

pair reversed the decline witnessed in the wake of the release of the RBA's Feb

meeting minutes, which seemingly revealed an increase in the Bank's concern

about falling house prices and the knock on effects for consumption. This came

before the pair bounced from worst levels around the NY open. Subsequent reports

of the U.S. demanding yuan stability to remain part of its trade negotiations

with China triggered a yuan rally, which spilled over into AUD.

- Initial resistance is located at $0.7174, which capped gains Tuesday, followed

by the upper 1.0% 10-DMA envelope, located a further 5 pips above. Meanwhile,

bears look for a break below the 100-DMA/21-DMA at $0.7160/51, ahead of the

50-DMA at $0.7144.

- Australian wage data comes out at 0030GMT/1130AEDT, amidst the RBA's concern

that wages remain stagnant despite low unemployment.

- Elsewhere, the Aussie focus this week turns to domestic labour mkt data due

Thursday & RBA Gov Lowe's parliamentary testimony due Friday. Fallout from

Sino-U.S. trade talks will also be of interest.