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AUD/USD chart - Trading View
AUD/USD was extending losses as Aussie depressed across the board following dovish comments by RBA's Lowe.
Reserve Bank of Australia's (RBA) governor Lowe said the bank remains ready to boost bond purchases if needed.
US-China trade tension and the resulting risk-off along with the central bank's willingness to boost bond purchases to keep bearish pressures around the Aussie.
Also, the latest FOMC minutes on Wednesday reiterated support for the current monetary policy while ruling out negative rates.
AUD/USD was trading 0.55% lower on the day at 0.6561 at around 03:55 GMT after closing 0.96% higher in the previous session.
The pair finds stiff resistance at 200-DMA at 0.6659. 'Bearish divergence' on Stochs could drag prices lower.
5-DMA is immediate support at 0.6525. Break below 21-EMA 0.6463 will accelerate weakness.
On the data front, preliminary readings of the U.S. May month PMIs and the weekly Jobless Claims will also be important to watch for impetus.
