AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran

Risk-on sentiment after reports that the U.S. and Iran have reached a memorandum of understanding (pending final signoff) has pressured the U.S. dollar, boosting AUDUSD and NZDUSD. WTI crude fell to about $88.32 and 10-year Treasury yields eased roughly 3 bps to 4.451%, while U.S. equities (Nasdaq and Russell 2000) climbed. Technically, AUDUSD is trading above its 100- and 200-hour moving averages (0.71508 / 0.71417), with a session high near 0.7169 and upside targets at ~0.7179–0.7200. NZDUSD rebounded from a low near 0.5865 to a high of 0.5935, testing resistance at 0.59355 and eyeing May highs around 0.5967–0.59899. The piece is a technical read suggesting short-term bullish control for both antipodean pairs while noting key levels for further upside or potential seller rejection.