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Jun 18 - 11:55 PM

AUD/USD - Firms As Employment Gives Positive Signals

By James Connell  —  Jun 18 - 09:46 PM

• AUD/USD firms slightly; AU unemployment steady at 4.1%, full-time jobs lift

• Full-time jobs +38.7k jobs SA, despite total jobs -2.5k (poll +22.5k)

• Geopolitical uncertainty remains key concern as Middle East war escalates

• Bloomberg news reporting U.S. officials preparing for strike on Iran

• Fed Chair Powell anticipates tariff-driven price increases in months ahead

• Weakening attempts to break 0.6550 resistance concerning for AUD bulls

• Range early Asia 0.6480-0.65105, support 0.6447 0.6390, resistance 0.6552
AUD Hourly Bollinger Study


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

Source:
London Stock Exchange Group | Thomson Reuters

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