By James Connell — Jun 10 - 09:51 PM
• AUD/USD -0.4% from 0.6532 high; markets remain sceptical on U.S.-CN progress
• U.S.-CN agree on trade framework in London talks, Trump & Xi yet to approve
• U.S. civil unrest, debt & tariff concerns all continuing to impact USD
• AUD short-term support near 0.6480 a good place for bulls to add exposure
• U.S. May CPI due Wed (Reuters poll consensus +0.3% m/m, +2.9% y/y)
• Range early Asia 0.6505-32, support 0.6480 0.6390, resistance 0.6533
0.6550
AUD Hourly Bollinger study & Short-term Support
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters