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AUSSIE BONDS

IRU1 Lifted

AUSSIE BONDS

IRU1 Lifted

JPY

50-DMA Provides Support

AUSSIE BONDS

Steeper Overnight

NZD

Kiwi Starts The Week On The Back Foot

AUD

RBA Minutes In Focus

Bulls Targeting Close Above.......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bulls Targeting Close Above 1.12
Strong German CPI & Spain GDP carried the pair higher throughout the European
and US sessions, extending EUR/USD's rally off Friday's low. The single currency
looks set to register its third consecutive session of gains with bulls
targeting a close above the 1.12 level. This would reignite topside momentum
opening the 21-dma & broken trendline at 1.1232/50, ahead of the Apr 22 high &
50-dma at 1.1262/77. Bears downside focus remains on the Apr 26 & May 30 2017
lows at 1.1112/10. Protection is expected ahead of the 1.11 handle, with a break
here likely accelerating the move toward the May 18 2017 low & down trendline at
1.1076/70.