• Steady after closing down 0.2% with the USD off 0.1% and modest FX moves
• Private sector credit leads the low-key month-end Australian data schedule
• China PMIs are the major Asian data release and could impact risk appetite
• Financial year end, so there could be late institutional rebalancing flows
• Trade risks to keep shrinking Australia's resources earnings, report says
• Charts, 5, 10 & 21-day moving averages climb, 21-day Bolli bands contract
• Daily momentum studies conflict - positive signals below the 2025 highs
• Thursday's 0.6507 low then Tuesday's 0.6456 base are initial supports
• Last week's 0.6564 2025 trend high and 0.6687 Nov 2024 top first
resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)