• AUD$ higher in NorAm ending NY +0.24% at 0.6950; Mon range 0.6961-0.6873

• Pair bid sub-0.69, o/n dip on weak China data glbl growth concerns reversed

• USD soft as hawkish Fed expectations temper amid mounting recession concerns

• AUD$-O/n China-related weakness pared; traders prep for US data nL2N2X81EI

• Bears in control, AUD bulls need to regain the 10-DMA at 0.7012 to stem tide

• Bull gain short-term momentum above 0.7048, 50% Fib of 0.7267-0.6829

• Resistance at series of falling DMAs from 10-DMA to 55-DMA at 0.7299

• Support at May 12's 2022 low 0.6829, then lower 30-d Bolli 0.6804

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