By James Connell — May 14 - 05:59 PM
• AUD/USD -1.1% from 0.6501 overnight high as USD buyers re-emerged
• Bloomberg reported U.S. is not seeking a weaker USD in trade negotiations
• AUD pressing hourly lower Bollinger band, looks oversold short-term
• AU employment data 0130 GMT Thur (poll +20.0k jobs, 4.1% unemployment)
• U.S. jobless claims, retail sales, industrial production all due Thur
• Overnight range 0.6421-0.6501, support 0.6355 0.6180, resistance 0.6550
AUD Hourly Bollinger Study
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
