• Off 0.15% amid profit-taking early into Friday's 1.35% jump, as the USD slid

• Sharp contrast between the dovish Fed and cautious RBA support the AUD/USD

• There is no Australian data today so risk appetite and the USD will lead AUD

• Charts; 5, 10 & 21-day, week moving averages climb - mixed momentum studies

• 21-day Bollinger bands expand - overall a strong positive trending setup

• The 0.6798 July trend top and then 0.6871 Dec 2023 high are first resistance

• A close above 0.6871 would target 0.6895/00, the June and July 2023 high

• Close below 0.6697/02 last week's low and 21-DMA would end the topside bias

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