USD Trading Outlook (15-04-2015)
AUD/USD
• Europe fails to crack 0.7550/55 support, bounce to 0.7575 at NY open
• USD weakness due to US sales data spikes pair up, HF noted USD sellers
• 10-DMA pierced & 0.7649 high hit, pullback to 10-DMA late in day
• Westpac Apr consumer conf & China Q1 GDP are risks in Asia session
• Solid data reports likely lift, April high & 55-DMA then in play