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The AUDUSD cross has stuck to a tight........>

AUSSIE
AUSSIE: The AUDUSD cross has stuck to a tight range in Asia-Pacific hours and
last trades unchanged at 0.7575.
- Traders await the Q1 completed construction work release, due in around 30
mins, although more focus is set to fall on a speech made by RBA Gov. Lowe later
in the day.
- AUDUSD is above 0.7570 resistance. Next up is 0.7605-0.7612, which includes
the upper 1% volatility band. While capped around here, the May 17 high (0.7547)
provides initial support.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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