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AUD/USD last deals at $0.6750, almost........>

AUSSIE
AUSSIE: AUD/USD last deals at $0.6750, almost unchanged on the day, after
finishing just shy of neutral levels yesterday, with the rate charting a
(virtual) gravestone Doji. The move was largely driven by fluctuations in USD
amid month- & quarter-end adjustments. A confirmation by a U.S. State Dept
official that the U.S. is unlikely to extend temporary waivers on Huawei
suppliers helped drag the rate towards unchanged levels into the WMR fix.
- Bears look for a fall below the Sep 25 low/76.4% retracement of the Sep 3-12
rally at $0.6739/37 before turning focus to the lower Bollinger band (2%), which
kicks in at $0.6710. Bulls would find some reassurance, should the rate take out
the Sep 24 high/Sep 20 high/21-DMA at $0.6806/07/09.
- Tuesday's monetary policy decision from the RBA headlines next week's docket
in Australia. Governor Lowe will speak on the same day, while Assistant Governor
Ellis appears on Friday, when the central bank publishes its FSR.
- Data-wise, local building approvals, as well as m'fing PMI surveys from AiG
and CBA are due on Tuesday, while trade balance and retail sales prints will
follow on Thursday and Friday respectively.

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