• AUD/USD +0.4% Mon as evidence of ongoing bilateral JPY coordination mounts

• JP government officials pre-empt official confirmation to come later Mon

• Trump says U.S. intervening because of good relationship with JP

• Trump cancels planned Iran attacks subject to being able to reach a deal

• AUD break above 0.7035 may enable topside extension toward 0.7088 resistance

• AU S&P global manufacturing PMI due Mon, Jun/Q2 household spending due Tue

• Range early Asia 0.7035-69 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Daily 55-DMA


DXY Daily 55-DMA

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