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April, 21 - AUD/USD edged lower for the second straight session on Tuesday

The AUD/USD pair has managed to recover around 35 pips from Asian session swing lows


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and is currently trading with only modest losses, comfortably above the 0.6300 mark.

The pair extended the previous day's rejection slide from the vicinity of the 0.6400 level and edged lower for the second consecutive session on Tuesday amid sustained buying around the US dollar. The greenback remained well supported by worries over the coronavirus crisis and got an additional boost from the global flight to safety amid a historic slide in crude oil prices overnight.

The pair slipped to multi-day lows, around the 0.6285-80 region, albeit managed to find some support at lower levels following the release of less dovish RBA April monetary policy meeting minutes.

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