• Off 0.05% early after closing up 0.2% with the U.S. dollar down 0.4%

• Lower UST yields saw yen strengthen, AUD/JPY closed down 1%

• AUD/JPY could be a major cause of AUD/USD volatility today in Asia

• RBA Gov Bullock will speak on the costs of high inflation at 1.05PM AEST

• Speech will be analysed for clues on the RBAs current economic outlook

• Trade figures lead today's AUD data at 11.30AM - poll a 5000M surplus

• Charts, 21-day Bolli bands contract, 5, 10, and 21-day moving averages coil

• Daily momentum studies crest - mixed signals as the uptrend falters

• Wednesday's 0.6749 high then Tuesday's 0.6792 top are initial resistance

• Close below the 0.6707 21 DMA and Wednesday's 0.6685 base would be bearish

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