AUDUSD awaits economic data

With Japan still on holidays, the only data of significance for the region is in Australia.

0130 GMT Australian Trade Balance for March. Expectations are for A$1.7 billion surplus.

0130 GMT Retail Sales for March. Expectations are for a rise 0.5%.

The data is considered as a major event risk and can move the AUDUSD if its well outside expectations. Until then the AUDUSD will trade sideways.