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###POV: RISK BACK ON THE TABLE COULD.........>

AUSSIE
AUSSIE: ###POV: RISK BACK ON THE TABLE COULD TRIGGER FURTHER AUD STRENGTH
- Improving risk sentiment following Chinese President Xi's balanced speech
overnight could see AUDUSD move through 0.7785 (Mar22 high) and challenge the
200-dma.
- AUDJPY supported following the recent bullish breakout of a major descending
channel.
- Seasonal charts suggest April is a good month for AUD against the USD, rising
14 out of the last 18 years.
- AUDUSD is generating overall bullish trend signals according to the MNI FX
Technical Signals Monitor. (See MNI email 1445BST).
RISK - Australia remains sensitive to trade news and will continue on headline
watch throughout the US-China negotiations.
LOOKING AHEAD - RBA Governor Lowe is scheduled to speak in Perth tomorrow
(0305GMT). The bi-annual Financial Stability Review follows on Friday at
0130GMT.

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