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TDUX
Jun 14 - 07:55 PM

AUD/USD - Spikes Strait Of Hormuz Reopening Announcement

By James Connell  —  Jun 14 - 05:59 PM

• AUD/USD +0.5% early Mon after announcements proclaim end of Iran conflict

• Pakistan Prime Minister Sharif says deal to be signed in Switzerland Fri

• Trump claims deal complete, Strait of Hormuz to reopen & blockade end

• RBA policy meeting outcome due Tue, no change to 4.35% OCR expected

• AUD flirting with 0.7080 resistance zone, will be tough to break ahead RBA

• Range Asia 0.7036-84, support 0.6834, resistance 0.7080 0.7200 0.7283
AUD Daily 55-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters
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