• AUD/USD flat Fri amid softening sentiment as AI trade starts to wobble

• AUD Q3 PPI +1.1% q/q, +3.6% y/y (prior +1.3% and 3.6% respectively)

• Alphabet revenue miss, Amazon sales downgrade stoke U.S. equity fears

• AU domestic attention firmly trained on Tue's RBA meeting outcome

• Futures pricing currently implies 89.2% probability of 25 bps RBA hike Tue

• AUD break above 0.7071 55-DMA would open window for challenge of 0.7140

• Range Asia 0.7018-30 support 0.6865 0.6834, resistance 0.7140 0.7282
AUD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)