• AUD/USD enters consolidation phase as traders reduce risk before weekend

• Economic uncertainty from trade/geopolitical turmoil dampens risk assets

• Global investment banks revise China GDP higher, stimulus may support AUD

• AUD/USD just above 55-DMA; needs to hold 0.6260 to maintain upswing

• Key inflection: AU CPI due March 26 (Reuters poll 2.5% weighted CPI y/y)

• Range early Asia 0.62955-0.6306, support 0.6260, resistance 0.6390 0.6415
AUD midday

(James Connell is a Reuters market analyst. The views expressed are his own.)