• AUD/USD softens as potential trade deals trigger scale back of USD shorts

• Preliminary U.S./CN talks in Switzerland this weekend will be critical

• DXY near 4-week highs, firming as trade tensions begin to ease

• Escalation of India/Pakistan instability concerning for Asia markets

• AUD pressing the hourly lower Bollinger band, looks oversold short-term

• Range early Asia 0.6381-0.6400, support 0.6370-75 0.6180, resistance 0.6550
AUD Hourly Bollinger Study

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