• AUD/USD -0.5% from Tue 0.71195 high as non-energy commodities trade softer

• AUD pushing lower hourly Bollinger band, downwards momentum likely to slow

• RBA Deputy Governor Andrew Hauser fireside chat in Brisbane Wed

• U.S. 30-year yields traded 5.32% earlier Tue, highest level since 2007

• Strait of Hormuz shipping remains heavily constrained despite U.S. claims

• AU Q2 wage price index due Wed, Reuters poll consensus +0.8% q/q, +3.2% y/y

• AU Jul jobs update Thur, Reuters poll consensus +15k jobs, 4.4% unemployment

• Overnight range 0.70826-0.71195 support 0.6920, resistance 0.7130 0.7200
AUD Daily 55-DMA


AUD Hourly Bollinger Study

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