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AUD currently holds below $0.69 and is the...>

AUSSIE
AUSSIE: AUD currently holds below $0.69 and is the only G10 currency registering
losses against the dollar. Overnight news that Westpac had revised their RBA
call to three more 25 bp cuts in June August & November continues to weigh with
downside focus on a break of the intraday/ytd lows at $0.6881/65. Further
support is located at $0.6850, ahead of the 2% lower Bollinger band at $0.6838.
- AUDJPY printed lows of Y75.39, before meeting support around the Y75.30/40
area which has registered a series of previous lows.
- AUDCHF holds near the base of its Chf0.6909-31 range with support at Chf0.6895
from the Jan 4 low.
- EURAUD squeezed to A$1.6247, before meeting resistance from the 50% fibo of
Jan-Apr fall at A$1.6257 & May 17 high at A$1.6257/62.  

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