• Up 0.05% in a slow start for the FX majors in Asia, USD/JPY +0.2% leads

• USD flat, 10yr UST steady 4.257%, E-mini S&P +0.05%, Nikkei +1.45%

• AUD is up 2.73% from Monday's 0.6373 spike low on the US/Iran oil strike

• Recovery is due to cooling geopolitical tensions and USD weakness since

• The AUD will move with the USD and risk next week with no tier 1 AUD data

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

• 21-day Bollinger bands rise - positive signals at the 2025 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

• A close above 0.6552 would leave a bullish outside week
Andy

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