• AUD/USD has traded a 24.5 pip range thus far Friday; 0.7018-0.70425

• Those parameters are within Thursday's 0.7015-0.7068 range

• 0.7068 was five-week high (0.6895 was 15-week low last week)

• CFTC data at 2030 GMT will show if net AUD short shrank in week to Oct 27

• Net AUD short hit all-time high of 127,292 contracts in week Oct 20

• Thirty out of 32 economists polled by Reuters expect RBA hike on Nov 3

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(Robert Howard is a Reuters market analyst. The views expressed are his own)