By Andrew Spencer — Jun 22 - 06:21 PM
• Off 0.3% with the safe-haven U.S. dollar up 0.25% in early trading
• The world awaits the Iranian response after the US hit nuclear sites
• S&P global manufacturing, services, and combined PMIs lead today's data
• The AUD will likely be led by risk appetite, and the USD on geopolitics
• Charts, 5, 10 & 21-day moving averages slip with momentum studies
• 21-day Bollinger bands expand - overall, a modest negative setup
• Targets a test of 0.6407 May 30 low, then the 0.6344 late April base
• Thursday's 0.6510 high, then 0.6552 June, and 2025 top are first
resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters