• AUD/USD +0.3% Thur as risk sentiment improves after U.S. & Iran sign MOU

• Brent crude down 1.4%, Gold up 1.5% and equities broadly higher in Asia

• Pair still down significantly from Wed highs as Fed hike expectations build

• 9-Fed policymakers now expect at least one rate hike by the end of 2026

• AUD remains vulnerable overall, break of 0.6834 would confirm trend lower

• Range Asia 0.70135-35, support 0.6834, resistance 0.7089 0.7200
AUD Hourly Bollinger Study & DXY Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)