• AUD/USD -0.2% Tue as downside bias continues to develop in Asia

• Rising Fed rate hike expectations combining with doubts on AU economy

• AU May CPI update due Wed (Reuters poll consensus -0.4% m/m, +4.3% y/y)

• AU May employment data due Thur, Reuters poll: +30k jobs, 4.4% unemployment

• Brent crude below $80 a barrel on appearance of U.S.-Iran peace progress

• AUD pushing lower hourly Bollinger band, break below 0.6980 tough short term

• RBA Deputy Governor Andrew Hauser speaking in Melbourne Wed

• Range Asia 0.6983-0.7003, support 0.6980 0.6834, resistance 0.7089 0.7200
AUD Daily 55-DMA


AUD Hourly Bollinger Study

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