• AUD/USD flat Thur in quiet trading; trade surplus lower than expected

• AU Aug balance on goods +0.5 bln (poll +2 bln), imports +5.8%, exports +3.7%

• RBA optimistic households/banks well placed to weather an economic downturn

• Futures currently imply both Fed & RBA to hold rates steady at next meetings

• Waning confidence in Fed hike bets may temper pace of AUD downswing

• AUD 0.6920 support will be tough to break, but rout would accelerate below

• Iran fails to restore interim ceasefire, WTI $90.05 a barrel, DXY flat

• Range Asia 0.6940-485 support 0.6920 0.6865 0.6834, resistance 0.7282 0.7660
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA

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