 Australian Dollar open generally higher this week as traders cheer election results over the weekend. Canadian Dollar is also firm after USMCA members reached an agreement to remove steel tariffs and retaliations. Risks sentiments are steady in mixed Asian markets. Nikkei closed mildly higher following much stronger than expected Q1 headline GDP. Nevertheless, stocks in Hong Kong, China and Singapore are in red. In the currency markets, Swiss Franc, Euro and Yen are trading generally Technically, AUD/USD should have formed a temporary low at 0.6864. Some consolidations might be seen but there is no indication of bullish reversal yet. Similarly, EUR/AUD has formed a temporary top at 1.6262 but outlook will stay bullish as long as 1.5959 resistance turned support holds. EUR/USD is extending the decline from 1.1263 and might be heading to retest 1.1111 low. GBP/USD's fall is also in progress on Brexit uncertainty. In Asia, Nikkei closed up 0.24%. Hong Kong HSI is down -0.67%. China Shanghai SSE is down -0.56%. Singapore Strait Times is down -0.77%. | 
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