AUDUSD ran out of steam on Thursday,.........>

AUSSIE: AUDUSD ran out of steam on Thursday, printing a low of 0.7613, which has

been revisited in Asia-Pacific dealing, although the cross now trades back at

~0.7625.

- The hourly support level of ~0.7615 held in the most part, with the next level

of interest below coming in at the high from May 31 (0.7593). Resistance is

noted at the 200-WMA/April 23 high (0.7682)

- All in all its been a solid enough week for the AUD as the RBA left rates

unchanged and GDP data beat exp. Next week will bring the release of May's

labour market report, as well as confidence readings from NAB & Westpac and a

speech from RBA Governor Lowe.

- As a reminder Monday represents a national holiday in Australia, as the

country observes the Queen's birthday.