• AUD/USD -1.1% from Thur 0.7024 high as U.S. equities tank, Nasdaq -4.5%

• AI spending & regulatory concerns spark broader fire sale, copper -1.3%

• Hauser warns public confidence in RBA's ability to counter inflation at risk

• AUD pushing lower hourly Bollinger band, may slow pace of downside extension

• Pair targeting 0.6865 support zone, break below opens gate for bigger move

• U.S. Oct non-farm payrolls due Fri, Reuters poll consensus +65k (prior +29k)

• Overnight range 0.6937-0.7024 support 0.6865 0.6835, resistance 0.7140
AUD 21/55/100-DMA


AUD Hourly Bollinger Study

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