The AUD struggled in early Wednesday.........>

AUSSIE: The AUD struggled in early Wednesday dealing on the back of the slightly

softer than expected headline AU CPI print. AUD/USD registered a session low of

$0.7392, but failed to make any attempt on Tuesday's low ($0.7360).

- This was before an improvement in commodity tied FX & later risk sentiment was

buoyed on the back of the U.S./EU trade talks, with the cross last dealing at

~$0.7460.

- Initial resistance comes in the form of the Bollinger band top/55-DMA

($0.7475), followed by the July 10 high ($0.7484). Hourly support is noted at

0.7380, in front of Tuesday's low ($0.7360).

- Traders now look to next week's Jun/Q2 retail sales release followed by the

RBA decision on 07 August.