A tight 0.6606-0.6630 range so far Monday

Speed and magnitude of last week's gain argues for consolidation

Friday high of 0.6650 the initial hurdle for the AUD

March 8 high the next resistance and AUD bull target at 0.6667

Expectations of a hawkish shift in RBA's rate stance on Tues underpins

A rate hike should not be ruled out but consensus is for no

Markets are pricing in around a one-in-10 chance of a hike

Softer U.S. labour report added to fuel to the easier dollar scenario

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