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TDUX
Aug 09 - 09:55 PM

AUD/USD - Softens As Traders Switch Focus To RBA

By James Connell  —  Aug 09 - 09:03 PM

• AUD/USD -0.2% Mon, trading subdued in Asia with Singapore market holiday

• No change the expected RBA meeting outcome 0430 GMT Tue, dialogue crucial

• U.S.-Iran claim peace progress but wider uncertainty continues to linger

• AU Q2 wage price index due Wed followed later by U.S. Jul inflation update

• AUD near major 0.7088 resistance, break above would enable topside extension

• Range Asia 0.7058-645 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Daily 55-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters
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