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BRENT TECHS

(N1) Price Structure Remains Bullish

USDCAD TECHS

Bearish Focus

AUDUSD TECHS

Corrective Pullback

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Consolidating At Trendline Support

EURGBP TECHS

Support Remains Under Pressure

AUSSIE
AUSSIE: AUD/USD deals little changed at $0.7005 in early Asia-Pacific hours.
- AUD initially leant on the optimism surrounding the upcoming G20 summit on
Thursday, but managed to remain at the top of the G10 leader board as that pared
back, owing to a strong showing from the industrial metals space, namely in the
form of iron ore.
- Bulls look for an extension through yesterday's high which would allow them to
target the high from June 10, followed by the cloud top & 100-DMA at $0.7036.
Bears look for a move back through $0.7000, which would allow them to re-focus
on the 100-HMA at $0.6973.
- Private sector credit data provides the highlight of the local docket today,
with Australia also set to hold an RCEP meeting. G20 remains in focus and could
be key for the AUD over the coming sessions, with eyes on the Trump-Xi meeting
scheduled for Saturday. Also worth highlighting that the latest round of
official Chinese PMI data will be released over the weekend.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com