• AUD/USD +0.1% from Mon 0.7141 low, but sellers likely near Fri 0.7168 close

• Brent crude rallies 3.1% to $107.90 a barrel in Asia trading Mon

• Saudi pipeline damage & fresh weekend attacks compounds oil supply concerns

• Markets expect 25 bps FFR hike Wed after higher-than-expected U.S. core CPI

• RBA officials (including Bullock) before parliamentary committee on Fri

• AUD bounces from lower hourly Bollinger band, but may resume downside drift

• Break below 0.7122 support zone would likely spur further short-term losses

• Range Asia 0.7141-68 support 0.7122 0.6920, resistance 0.72825 0.7661
Brent Crude Daily 21-DMA


AUD Hourly Bollinger Study


AUD Daily 21/55/100-DMA

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