AUD/USD worst performing major currency Wednesday - falling 0.53%

Soft commodity prices amid global growth concerns weighing on AUD

It is just above the session low at 0.6397 - where the 55-day MA resides

10-day MA is @ 0.6402 and a break below 0.6395 targets 21-day MA @ 0.6370

Resistance has formed at 0.6520/25 with sellers tipped at 0.6460/70

China inflation data is out Thursday and could provoke volatility

China Oct CPI is expected to come in at -0.10% Y/Y

A soft reading increases chances of PBOC easing and pressure on the CNY

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