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• AUD/USD -0.6% from Fri 0.68149 high as gold struggles near 12-month lows
• Iran undertakes fresh strikes on Bahrain, Yemeni government troops retreat
• DXY and UST yields remain ascendant on inflation concerns, hawkish Fed
• Futures pricing implies 93.6% probability of 25 bps FFR hike Dec 9
• RBA Nov meeting minutes due & Governor Bullock speaking at ASIC forum Tue
• Critical AU Oct jobs update due Thur (prior -39.3k jobs, 4.7% unemployment)
• AUD targeting 0.6662 ytd low after major technical break of 0.6835
• Range Asia 0.6774-795 support 0.6662, resistance 0.7068 0.7140 0.7282
Gold Daily 21-DMA
AUD Daily 21/55/100-DMA
DXY Daily 55/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)