• AUD/USD +0.5% from Mon 0.6933 low; Nasdaq hits record high & oil prices ease

• EUR/USD at 17-month lows amid French debt concerns, DXY finishes +0.2% Mon

• Global bond sentiment remains negative, UST yield curve steepens

• AUD may extend topside short term, but unlikely to break broader downtrend

• Sellers should emerge well ahead 0.7056 100-DMA, target break below 0.6900

• Overnight range 0.69435-735 support 0.6904 0.6865 0.6834, resistance 0.7282
DXY Daily 55/100/200-DMA


AUD Daily 21/55/100-DMA

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