AUD/USD opened -1.12% as global growth concerns supported safe-haven USD

In a quiet Asian session it traded in a 0.6693/0.6706 range

Heading into the afternoon it is trading at the session low

Sentiment has turned bearish as investors price in a global slowdown

Key commodities are under pressure - with Dalian iron ore easing 1.85% today

Support is at the 21-day MA at 0.6694 and a close below adds to bearish case

Fibo support is at the 38.2 of the 0.6573/0.6818 move at 0.6666

Resistance @ the 10-day MA @ 0.6712 and close above would ease the pressure

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