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• AUD/USD -0.1% Mon as sentiment continues to languish despite hawkish RBA
• RBA meeting outcome due Tue, 25 bps hike widely expected, dialogue key
• AU Aug CPI update due Wed, Reuters poll consensus +0.4% m/m, +4.0% y/y
• Resolution of U.S.-Iran war no closer, deep divisions hampering negotiation
• Break below 0.7025 200-DMA sets scene for move toward 0.6920 support zone
• U.S. Aug durable goods beat expectations Fri at 0.0% m/m (poll -0.4% m/m)
• Range Asia 0.7008-205 support 0.6920 0.6865, resistance 0.7282 0.7661
AUD Daily 21/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)