• AUD/USD -0.9% from Wed 0.70755 high after FOMC leaves FFR range unchanged

• Nine Fed policymakers now expect at least one rate hike by the end of 2026

• 2-year UST yields +14 bps, DXY +0.8% and U.S. equities soften in response

• Preliminary peace agreement signed by both Iran and U.S.

• AUD trading near lower hourly lower Bollinger band, progress lower may slow

• Pair remains vulnerable to downside, break of 0.6834 would accelerate move

• Overnight range 0.6995-0.70755, support 0.6834, resistance 0.7089 0.7200
AUD Daily 55-DMA


AUD Hourly Bollinger Study & DXY Daily 55-DMA

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