• AUD/USD surged to fresh 0.6470 2025 high Fri, looks set to extend rally

• AU Labor re-elected; negative risk of minority government averted

• U.S. payrolls Fri were better than feared, but USD remains under pressure

• AUD sitting just below 0.6459 200-DMA, next target 0.6550 resistance

• U.S. trade data Tue will be closely watched; tariff concerns remain dominant

• Range early Asia 0.6443-0.64515, support 0.6360, resistance 0.6470 0.6550
AUD Daily 200-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)