AUD/USD rally likely to slow after impressive gains of 2% since Thursday

Expectations of dovish guidance from Powell on Friday mostly priced in

93 bps of Fed easing priced in by Dec, unlikely to be endorsed by Powell

Downside limited as RBA-Fed rate expectations diverge

RBA minutes of Aug meeting due Tue, expected to reiterate hawkish narrative

China widely expected to keep lending benchmark LPRs unchanged today

Resistances 0.6744-0.6764, daily highs in mid-July, stronger @ 0.6788-0.6798

Support 0.6695-0.6700, 0.6665-70; Monday range 0.6666-0.6733

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