• 200-DMA caps lift overnight, April's high aids to keep gains tempered
  
  
• RSIs roll over to bolster concerns of those long EUR/AUD pre-RBA
  
  
• Yield spreads have supported recent lift but weak AUD may be on last legs
  
  
• If RBA cut seen it could be the last, EUR/AUD might then slide as yield compression abates
  
  
• AUD likely sinks first then could rally, 1.3950/00 first support below