• +0.05%, after touching 0.6490 early, tripping structures below 0.6500

• Australian retail sales came in flat after forecasts of +0.2% - muted impact

• RBAWATCH prices rates to be unchanged at 3.85% on June 6 at 87.27%

• Consumer spending and wages growth remains sluggish, suggesting RBA on hold

• Charts; 5, 10 & 21 daily and weekly moving averages track south

• Daily momentum studies fall as 21-day Bollinger bands expand

• Overall a strong bearish setup targets 0.6403, 76.4% 2022/2023 rise

• Asian 0.6515 high, then 0.6535 NY top are first resistance

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