By Andrew Spencer — Jun 23 - 09:58 PM
• Up 0.35% with broad-based risk appetite on Israel/Iran ceasefire
• Iran's Araqchi says if Israel stops attacks on Iran, Tehran will not respond
• There is no scheduled Australian data or RBA events, risk appetite leads AUD
• Risk 'on' - E-mini S&P +0.55%, Brent oil -2.97%, Nikkei +1.15%, ASX 200 +1%
• Charts, 5, 10 & 21-day moving averages coil with neutral momentum studies
• 21-day Bolli bands ease - dailies show neutral signals at familiar levels
• 0.6422 lower 21-day Bolli band, then yesterday's 0.6373 low, first support
• Friday's 0.6495 high, then 0.6552 June and 2025 top are the first
resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters