Soft AU Retail Sales was countered by........>

AUSSIE: Soft AU Retail Sales was countered by improved Trade Balance data

overnight. Despite this, fiscal stimulus comments from the Chinese Fin Min

underpinned risk with the rate briefly trading above $0.7050. Downside support

remains at $0.7021/18 from the intraday low & 50% retracement level of

$0.6741-0.7295.

- AUDJPY based ahead of Y78.30 with the recovery extending toward Y78.65/70.

Expect support on approach to Y78.00 which holds the Feb 15 low (Y78.09) & 76.4%

fibo of Y77.44-79.82.

- EURAUD holds above A$1.6050 with topside focus on a break of the 61.8%

retracement of A$1.6122-1.6031 at A$1.6087. Above here brings the A$1.61 level

back into view, ahead of yesterday's high at A$1.6122.

- AUDNZD comfortably holds below NZ$1.04 with downside focus on a break of the

Mar 6 low at NZ$1.0359, the 61.8% fibo of 2019 range is placed behind at

NZ$1.0321.