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• AUD/USD flat Fri as markets continue to recalibrate Fed hike expectations
• Moderating U.S. data weighing on UST yields as rate hike urgency subsides
• AUD unlikely break 0.7090 resistance short term sans left-field catalyst
• U.S. Jul retail sales due Fri, Reuters poll consensus +0.1% m/m
• RBA Deputy Governor Hauser speaks in Brisbane Wed, AU Jul jobs data due Thur
• U.S. & Iran ensconced in Strait of Hormuz stalemate, resolution not close
• Range Asia 0.7056-664 support 0.6920 0.6866, resistance 0.7090 0.7200
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)