• Off 0.05% after closing down 0.3% on Friday, with the U.S. dollar off 0.15%
• ANZ job ads lead today's data risk, but are unlikely to move markets
• The RBA begins its rate deliberations today - markets expect a cut tomorrow
• The US July 9th tariff deadline appears to be flexible - confusion reigns
• Charts, 10 & 21-day moving averages climb, 21-day Bolli bands edge higher
• Daily momentum studies crest - net bullish setup - sellers around 0.6600 cap
• Key support levels: Last week's 0.6523 low, 0.6444 lower 21-day Bollinger
• Resistance levels: Tuesday's 0.6589 2025 top, then the 0.6687 Nov 2024 high
• A close below the rising 21-DMA at 0.6522 would undermine the uptrend
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)