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• AUD/USD -1.3% in early trade Mon as U.S.-Iran fail to reach peace agreement
• Trump vows to blockade the Strait of Hormuz, refreshes oil price pressure
• AUD pushing hourly lower Bollinger band, oversold but remains news driven
• RBA Deputy Governor Andrew Hauser speaking in New York Mon evening
• U.S. Mar core CPI +0.2% m/m, +2.6% y/y (poll +0.3%, +2.7% respectively)
• Range Asia 0.6980-0.7040, support 0.6834 0.6660, resistance 0.7188
0.7282
AUD Hourly Bollinger Study & DXY Daily
(James Connell is a Reuters market analyst. The views expressed are his own.)