AUD/USD opened 0.7068 after closing Friday at 0.7059

In thin, whippy markets it traded to 0.7081 early before reversing

AUD/USD fell to 0.7033 before settling around 0.7045 into the afternoon

The market was thin due to holidays in much of Asia today

AUD/USD bids are tipped ahead of 0.7000 with support at 2022 low at 0.6967

It is trending lower with the 5, 10 and 21-day MAs in a bearish formation

A break above the 10-day MA at 0.7207 is needed to ease downward pressure

RBA decides tomorrow with market pricing in a 15 BP hike to 0.25% nL3N2WT0EL

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