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TDUX
Jun 11 - 11:55 PM

AUD/USD - Softens In Asia As Iran Euphoria Abates

By James Connell  —  Jun 11 - 09:48 PM

• AUD/USD -0.3% Fri as positive impact from U.S.-Iran peace progress fades

• Trump talks up peace deal prospects after pausing planned attacks on Iran

• Iranian sources confirm intensified effort towards reaching preliminary deal

• AUD unlikely to extend topside move beyond 0.7080 resistance

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

• Range Asia 0.7030-535, 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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