• Off 0.05% after closing up 0.35% with improved sentiment, and the USD -0.2%

• Last week's geopolitical pessimism has eased, supporting risk-sensitive AUD

• No Australian data or scheduled RBA speeches, so risk appetite leads the AUD

• China to overtake Australia as world's top lithium miner by 2026 Fastmarkets

• Charts, 5, 10 & 21-day moving averages firm, momentum studies conflict

• 21-day Bollinger bands contract - modest positive signals at familiar levels

• 0.6437 lower 21-day Bolli band, then Monday's 0.6373 low, are first support

• This week's 0.6519 high, then 0.6552 June, and 2025 top are first resistance
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)