It is a packed day for data and info (Reserve Bank of Australia meeting) from Australia

I posted previews yesterday:

Coming up at 0030 GMT:

Then, at 0330 GMT:

And more previews today:

The 0030GMT data:

RBA:

--

Sorting through all the data and RBA will be complex, with plenty of negatives and positives to weigh. For the currency, levels to watch for:

Resistance

  • 0.7770/75 ... though right now its finding sellers around 0.7765
  • 0.7790
  • 0.7810/20
  • 0.7840/50

Support

  • 0.7730/40
  • 0.7700/10
  • 0.7650/60

In addition to the data and RBA today, US tariff moves are weighing (impact on commodity prices a concern). AUD/USD is likely a better sell on rallies for intraday moves, but keep an open mind on the currency 'cause it keeps on hanging in there.