• AUD/USD -0.2% Fri as markets begin to revisit Middle East realities

• Hezbollah's rejection of 'renewed' U.S. negotiated ceasefire speaks volumes

• Trump says Middle East ceasefires mean "shooting in a more moderate manner"

• U.S. May non-farm payrolls due Fri, Reuters poll consensus +85k

• AUD probing 0.7110 55-DMA, targets 0.7080 support, break below quite bearish

• Pair pushing hourly lower Bollinger band, may slow progress but bias lower

• Range Asia 0.7105-36, support 0.7080 0.6834, resistance 0.7200 0.7283
AUD Daily 55-DMA


AUD Hourly Bollinger Study

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