• AUD/USD continues push higher in Asia, up 5.7% from Wed's 0.5910 low

• Back in month-long trading band that preceded U.S. 'tariff-day'

• Pair is pushing upper hourly Bollinger band, looks set to extend

• Potential for intensified CN stimulus will fuel AUD run higher

• Renewed risk-off sentiment trained on U.S. assets; AUD presently immune

• China-U.S. trade war developments remain key factor for AUD

• Range Asia 0.6204-0.6259, support 0.6200-05 0.5910, resistance 0.6390
AUD 4hr Bollinger/1mth Trading Band


AUD 1hr Bollinger Study

(James Connell is a Reuters market analyst. The views expressed are his own.)