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• AUD/USD -0.1% Tue; AU household spending flat in Aug (prior +1.1% m/m)
• RBA decision due 0430 GMT, 25 bps hike widely expected, statement critical
• AU Aug CPI update due Wed, Reuters poll consensus +0.5% m/m, +4.1% y/y
• Fed Governor Cook still wary on inflation; Fed rate hike bets firming
• Futures pricing now implies 70.3% chance of another Fed hike Oct 28
• Brent crude +1.2% in Asia as lack of genuine U.S.-Iran progress continues
• AUD targeting 0.6920 support, break above 0.7066 100-DMA may turn narrative
• Range Asia 0.7009-19 support 0.6920 0.6865, resistance 0.7282 0.7661
AUD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)