• AUD/USD slipped from its 0.64355 high in NY as USD confidence returned

• White House continues attempts to diffuse CN trade & Fed tensions

• DXY recovery looks fragile, vulnerable to policy shifts, near three-year low

• AUD near hourly lower Bollinger band, oversold and likely to bounce

• Quiet week for AU data; U.S. Mar durable goods due Thur (Reuters poll +2.0%)

• Overnight range 0.6352-0.64355, support 0.6350, resistance 0.6440 0.6550
AUDUSD Hourly Bollinger Band Study


USD Index Monthly

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