• AUD/USD 0.6283-0.6315 in holiday-affected trading, Australia closed
• AUD/USD push up to 0.6330 Friday on some easing of trade tensions
• Trump seemed more conciliatory towards China, helped push USD lower
• Some AUD/USD sales on slew of weak China data but downside limited
• Tech resistance from ahead of descending 55-DMA at 0.9337
• Also descending daily Ichimoku cloud 0.6344-0.6496 just above
• Support from ahead of ascending 100-HMA at 0.6280
• Gravitational pull from large A$962 mln option expiries at 0.6300 today
• Tomorrow to see massive A$1.9 bln between 0.6300-10 strikes too
• Also 0.6200/15 A$498 mln, 0.6375 A$502 mln expiries below and above
• AUD/JPY 98.56 to 97.65 after push up to 98.82 Friday
• Bounce from low, 98.00-19 hourly Ichi cloud, 98.18 55-HMA 98.18 to cap?
• Related , also , for more click on [FXBUZ]
AUD/USD hourly:
AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)