AUD/USD opened 0.6964 after closing Friday unchanged at 0.6979

After dipping to 0.6960 it attained when Asian equity markets firmed

The AXJ index is plus 0.35% after opening the session flat

AUD/USD is trading just below 0.6892 session high into the afternoon

Support is at the 200-day MA at 0.6805 after it held when it dipped Friday

More support is at the 38.2 of the 0.6170/0.7158 move at 0.6780

Resistance is at the 10-day MA at 0.6924 and 21-day MA at 0.6989

Bias is for lower while the 21-day MA contains rallies

Hawkish Fed expectations offset by hawkish RBA expectations for now

Global growth concerns may tip balance in favour of the bears

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