• AUD/USD holds below 0.69 following its Asian session fall to 0.6876

• 0.6876 is the lowest level since April 2 (0.6860 was the low that day)

• Drop to 0.6876 prompted by Asian stock losses (AUD is risk-sensitive)

• Nikkei closed down 4%; Kospi closed down 5.8% (having been down 9%)

• 0.69 is a former support point. There is a big 0.6900 option expiry today

• RBA's Bullock due to speak on Sunday; Kent due to speak on Monday

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(Robert Howard is a Reuters market analyst. The views expressed are his own)