AUD/USD on the defensive to start the week after closing 0.25% lower Friday

Failure to rally despite broadly weaker USD and lower U.S. yields weigh

Rising expectations of 50bps Fed rate cut this week fail to boost AUD

Support from higher prices for metals offset by AUD/JPY sales as JPY climbs

Downbeat China Aug activity data and weak credit data likely to cap rallies

China Aug new home prices fall at fastest pace in over 9 yrs, will undermine

Fed, BOJ rate decisions, Australia jobs data, China LPR fixing key this week

Resistance 0.6725-30, 0.6745-50, support 0.6675-80, 0.6650-55

Friday range 0.6733-0.66925

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