By James Connell — May 07 - 10:06 PM
• AUD/USD reaches 0.6462 high, bouncing from hourly lower Bollinger band
• NYT reveals UK as recipient of U.S. trade deal to be announced later Thur
• Risk-sentiment improving on potential trade deals & upcoming U.S./CN talks
• Further escalation of India/Pakistan instability may de-rail Asia markets
• AUD trading near 0.6458 200-DMA (again), needs assistance to establish above
• Range early Asia 0.6425-62, support 0.6365-70 0.6180, resistance 0.6550
AUD Hourly Bollinger Study
AUD Daily 200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters