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TDUX
Jun 28 - 05:55 PM

AUD/USD - Softens Amid Escalating Iran Instability

By James Connell  —  Jun 28 - 04:48 PM

• AUD/USD -0.1% early Mon as U.S. & Iran exchange fire and threaten escalation

• Axios reports both sides have agreed to stop strikes and meet in Qatar Tue

• Both sides levelling accusations of breaches to interim peace deal

• AUD likely to target 0.6834 support, break below will enliven bears

• RBA Assistant Governor Kent speaking in Sydney early Mon

• RBA Jul monetary policy meeting minutes due for release Tue

• Range Asia 0.6885-96, support 0.6834 0.6660, resistance 0.7089 0.7200
AUD Hourly Bollinger Study & DXY Daily 55-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters

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