• +0.2% bid with risk, E-mini S&P +0.2%, and AUD/JPY demand +0.35%,

• The RBA's Statement on Monetary Policy at 11.30 AEST is the focus today

• The statement should not surprise but provide details of the RBA outlook

• FX Asia usually trades tight ranges ahead of volatile U.S. jobs data

• Charts; momentum studies head lower, with 5, 10 & 21-day moving averages

• 21-Day Bollinger bands expand - signals show a bearish trending setup

• Downtrend targets a test of the 0.6459 May and 2023 base.

• Thursday's 0.6568 high and then 0.6596 5 DMA are the first resistance

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