• AUD/USD has traded a 20.9 pip range thus far Thursday; 0.68871-0.6908

• Those parameters are within Wednesday's 0.6883-0.6924 range

• 0.6883 is the lowest level since April 6 (0.68775 was the low that day)

• Australian employment rose by a higher than expected 40,300 in May

• CFTC data: net AUD position flipped to first short since January in week to June 16

• Data on FX positioning for the week ended June 23 will be released on Friday

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)