• Over the last year, 0.64 has been a huge pivot for AUD/USD

• Once again the pair oscilates around the this area

• Though, AUD/USD has struggled to maintain a foothold above 0.64

• Vol compression (VIX lower) continues to underpin the pair

• While incoming AU and U.S. data will be key for near-term direction

• AU CPI (Wed), US Core PCE (Wed), US NPF (Fri)

• AUD will remain at the mercy of U.S.-China trade tariff headlines

• Support: 0.6344-50 (weekly lows). Resistance: 0.6462 (200DMA)
AUDUSD daily chart

(Justin McQueen is a Reuters market analyst. The views expressed are his own.)