• AUD/USD -0.3% Tue on oil supply concern and rising Fed hike expectations

• AUD slide towards 0.7080 100-DMA appears likely as downswing momentum builds

• Futures pricing implies 92.1% chance of FFR hike Wed, Broad USD index +0.1%

• Middle East instability compounds existing inflation concern, WTI +1.6% Tue

• RBA officials (including Bullock) before parliamentary committee on Fri

• Range Asia 0.7121-41 support 0.7080 0.6920, resistance 0.72825 0.7661
AUD Daily 21/55/100-DMA


DXY Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)