AUD/USD moved higher in Asia after closing Friday +0.32% at 0.6570

AUD/USD underpinned by AUD/JPY buying as the cross rose over 0.40%

AUD/USD traded up to 0.6592 and is 0.6585/90 into the afternoon

E-mini futures are up 0.40% to lend support to risk currencies

AUD/USD trending lower with the 5, 10 & 21-day MAs in a bearish formation

A break above the 10-day MA at 0.6648 would ease the downward pressure

Support is at lsat week's 0.6514 low and the May 31 trend low at 0.6459

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