AUDUSD consolidates post RBA gains to........>

AUSSIE: AUDUSD consolidates post RBA gains to trade either side of $0.7040. The

Apr 30 high provides next resistance at $0.7069, a break opens the 50%

retracement of $0.7206-0.6963 & 55-dma at $0.7085/95.

- AUDJPY briefly traded above Y78.00, touched highs of Y78.04 before fading.

Bulls target a break of the 100-dma & May 1 high at Y78.64/74 to extend the

uptrend, opening the 61.8% retracement level of the Nov - Jan fall at Y78.91.

- AUDNZD rallied above NZ$1.06, before topping out at NZ$1.0643. A close above

the 200-dma (NZ$1.0663) would extend the uptrend towards NZ$1.07, ahead of the

Apr 17 ytd high at NZ$1.0732. It's also worth noting of the impending ma bullish

crossover (50-dma above 100-dma).

- EURAUD briefly traded under the 100 & 200-dma's to print extended pullback

lows of A$1.5905. A downside break of the handle opens the 50-dma & 50-% fibo of

A$1.5684-1.6064 at A$1.5884/74.

- AUDCHF cleared its 100 & 200-dma's to Chf0.7165, before meeting resistance

from the May 2 high. A topside break would expect protection ahead of

Chf0.7190/00, a level that has registered a series of previous highs.