AUD$ fell from NorAm open 0.6685, moving steadily lower to 0.6645 into close

USD haven bid on debt ceiling, bank angst grows after higher UMich infl data

Global growth expectations diminish after weak China lending, PPI/CPI data

Higher UMich 5-yr inflation lift U.S. rates, US-AU spread diverges

Oil dip exacerbates AUD slide; IRPR/Eikon shows YE 2023 Fed cuts diminishing

AUD$ move below 200-DMA accelerates, AUD slips below multiple DMAs by 0.67

Support at May 4 low 0.6640, lower 30-d Bolli 0.6592, Apr 28 low 0.6573

Res 55-DMA 0.6659, daily cloud base 0.6698, 200-DMA 0.6724

Techs lean bearish; daily RSI falling, monthly inverted hammer in place

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