• AUD/USD slips sharply following an initial rally after PBOC cut rates

• The pair previously softened from its 0.6515 high as U.S./CN talks confirmed

• U.S. Treasury Secretary Bessent talking-up prospects for trade deals

• AUD will find support near 0.6459 200-DMA, break below a bearish signal

• FOMC outcome 1800 GMT Wed, Powell's press conference will be closely watched

• Range early Asia 0.6484-0.6515, support 0.6459 0.6360, resistance 0.6550
AUD Daily 200-DMA


AUD Hourly Bollinger Study

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