AUD/USD at a glance; bearish bias - Westpac

FXStreet (Guatemala) - Analysts a Westpac Banking Corporation explained conditions surrounding the Aussie dollar; bearish bias.

Key Quotes:

"AUD's promising rally hit a bump with the capex report which the market read as gloomier than we did."

"The RBA decision on Tue should be a close call but AUD is unlikely to trade well, even on a steady hand."

"If the RBA doesn’t cut on Tue it should still talk down AUD and leave pricing for May intact"