• AUD/USD under extreme duress, Tue's 2.3% gain wiped out, 0.5933 low at risk

• Trade-war escalation continues to dominate, poor risk-sentiment hurting AUD

• Base metal prices sliding as global recession fears ratchet higher

• AUD trading near the lower hourly Bollinger band, technically oversold

• CN PPI/CPI, U.S. CPI due Thur, may impact, but data currently less relevant

• Overnight range 0.5941-0.60854 support 0.5930-35 0.5520, resistance 0.6130
AUD Hourly Bollinger Study

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