• AUD/USD -0.3% Mon, support dissipating as oil supply concern returns

• Pair pushing lower hourly Bollinger band, will slow downside progress

• However, break below 0.7122 support zone would re-accelerate move

• WTI +3.5% following Saudi East-West pipeline damage & fresh weekend attacks

• Investors anticipate FFR hike Wed after higher-than-expected U.S. core CPI

• RBA Assistant Governor Sarah Hunter fireside chat in Canberra Mon

• Range Asia 0.7141-68 support 0.7122 0.6920, resistance 0.72825 0.7661
AUD Hourly Bollinger Study


AUD Daily 21/100/200-DMA

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