By James Connell — Jun 16 - 11:38 PM
• AUD/USD +0.4% from Tues 0.6503 low despite escalating Israel-Iran war
• Pair set for renewed push at key 0.6550 resistance, topside open above
• Trump tells people to evacuate Tehran and leaves G7 summit early
• AU/U.S. meeting cancelled - news drops on X while Albanese spruiks to press
• U.S. growth concerns, civil unrest, trade & debt issues all negative for USD
• FOMC decision Wed with no change expected, traders will focus on statement
• AU employment data due Thur, Reuters poll: +20.0k jobs, 4.1% unemployment
• Range Asia 0.6503-31, support 0.6447 0.6390, resistance 0.6550-55 0.6687
AUD Daily 200-DMA & Resistance Levels
AUD Hourly Bollinger Study
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters