• AUD/USD range-bound in holiday-thinned Asia trading, 0.6878-0.6910

• Holding above base of 0.6869-0.7048 daily Ichimoku cloud

• Ascending 100-DMA below cloud at 0.6836, descending tenkan 0.6918 above

• 100 and 200-HMAs also in area at 0.6897 and 0.6903, respectively

• Hourly Ichimoku cloud too 0.6905-11

• Some option expiries today between 0.6835-40, at 0.6900 and 0.6925

• Hope among some for Middle East deal but others less optimistic

• Related comment , also ,
AUD/USD daily:


AUD/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)