• Flat after closing up 0.5%, amid broad USD weakness =USD -0.4%

• Australia sues China-linked rare earths investors - a first

• There is no Australian data or scheduled RBA events - the USD and risk lead

• Markets trade for the end of the half year so rebalancing flows are likely

• Charts, 5, 10 & 21-day moving averages climb, momentum studies conflict

• 21-day Bollinger bands rise - positive signals at range highs

• Yesterday's 0.6542 low then Tuesday's 0.6456 base are initial supports

• Thursday's 0.6564 2025 trend high, then 0.6687 Nov 24 top first resistance
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)