eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD +0.1% Tue, although broader sentiment retains negative bias
• Pair may struggle to retake 0.7080; move toward 0.6834 support possible
• Westpac Jun consumer sentiment 80.6, one of the worst results on record
• Trump's pressure on Iran & Israel to stop attacks moderately successful
• Yemen's Houthis vowing to block Israeli maritime navigation in the Red Sea
• CN May trade balance due Tue, Reuters poll consensus $92.1 bln surplus
• Range Asia 0.70345-52, 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.)