• AUD/USD softens slightly, -0.3% from Mon's 0.64645 high as market awaits RBA

• RBA decision 0430 GMT, 25 bps cut expected, opaque forward guidance likely

• Governor Michele Bullock speaking 0530 GMT, future bias would sharply impact

• USD remains soft on returning tariff concerns & U.S. credit rating downgrade

• AUD sits near 0.6453 200-DMA, needs catalyst to break in either direction

• Range early Asia 0.64455-59, support 0.6355 0.6180, resistance 0.6550
AUD Hourly Bollinger Study


AUD Daily RBA Chart & 200-DMA

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