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AUSSIE 3-YEAR TECHS

(M1) Directional Triggers Intact

USDCAD TECHS

Approaching Major Support

US TSYS SUMMARY

Inflation Concerns Underpin Bear Steepening

AUDUSD TECHS

Bullish Theme

AUSSIE
AUSSIE: AUD/USD trades unchanged at $0.7250 last, with the pair's failure to
close below the level leaving bulls' hopes intact, just.
- A close above $0.7304 is needed to shift the short-term outlook bullish
targeting the 100-DMA ($0.7390). Failure to hold above $0.7250 and a subsequent
reversal through $0.7200 would bring the YTD low ($0.7085) back into play.
- The AU docket is limited this week, so focus will likely fall on the broader
risk backdrop/USD theme.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com