AUD/USD opened Asia with a bid tone and traded up to 0.7075 in early Asia

It has since settled around 0.7065 - up from Friday close at 0.7059

Early Asia not reacting to the weak China PMI released in the weekend nL3N2WQ18I

Much of Asia is out today on holiday so trading might be thin and light

AUD/USD may consolidate ahead of RBA decision tomorrow - which is live nL3N2WP2GS

Support is at last week's 3-month low at 0.7055 and break targets 0.6967

AUD/USD trending lower with the 5, 10 & 21-day MAs in a bearish alignment

A break above the 10-day MA @ 0.7209 would ease pressure and suggest bottom forming

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