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• AUD/USD -0.3% Tue after RBA leaves the OCR unchanged at 4.35% as expected
• RBA's decision to hold unanimous, will hike rates again if required
• AUD remains capped near 0.7089, downside extension likely
• CN May retail sales -0.6% (poll 0.0%), urban investment -4.1% (poll -2.0%)
• New Fed Chair Warsh speaking post FOMC outcome Wed, will be closely watched
• Trump says Iran peace deal already signed; Israel states not bound by terms
• Range Asia 0.70495-745, support 0.6834, resistance 0.7089 0.7200 0.7283
AUD Daily 55-DMA
AUD Hourly Bollinger Study
(James Connell is a Reuters market analyst. The views expressed are his own.)