AUD/USD opens +0.62% after USD broadly eased and risk rally continued nL2N3GW25WnL2N3GW34D

AUD/USD close above 10-day MA (0.6454) suggests bottom in place at 0.6362

Resistance is at the 21-day MA at 0.6504 with sellers tipped ahead of 0.6500

Key resistance is at 0.6530 where the 55 and 200-day MAs converge

The 10-day MA at 0.6454 is now support, with bids eyed at 0.6440

Key Aus Q1 CPI will be released today and could shape RBA expectations

Weighted mean is expected to ease to +4.1% Y/Y from +4.4% in Q4

A hotter than expected result could make RBA more cautions in future easing

U.S. PCE price index follows on Thursday - to provide a comparison

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