By James Connell — Jun 19 - 06:11 PM
• AUD/USD recovers 0.6% from Thur 0.6446 low in very thin US holiday trading
• Safe haven USD buying amid Middle East war escalation on pause for now
• Iran gets temporary reprieve as Trump indicates two-week go/no go deadline
• Support 0.6445-50, break below 0.6425 200-DMA would accelerate move lower
• Scant AU economic data ahead critical May CPI due later next week
• Overnight range 0.6446-83, support 0.6445-50 0.6390, resistance 0.6550-55
AUD Daily 200-DMA & Daily DXY
AUD Hourly
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters