• AUD/USD -1.2% late Tue as USD index reaches fresh 101.43 13-month high

• AUD targeting 0.6834 support as downside momentum builds, data will be key

• AU May CPI update due Wed (Reuters poll consensus -0.4% m/m, +4.3% y/y)

• RBA Deputy Governor Andrew Hauser speaking in Melbourne later Wed

• AU May employment data due Thur, Reuters poll: +30k jobs, 4.4% unemployment

• Risk sentiment in retreat: COMEX Copper -3.7%, Gold -1.9% and equities lower

• AUD targeting 0.6834 support as downside momentum builds, data will be key

• Overnight range 0.6908-62, support 0.6834 0.6660, resistance 0.7089 0.7200
AUD Daily 55-DMA


DXY Daily 55-DMA

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