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• AUD/USD hit 0.7004 overnight, sellers emerged and the pair then turned lower
• RBA hiked but decision was split, investors expect RBA to pause in Dec.
• PBOC hiked the FX deposit reserve ratio which sent USD/CNH sharply upward
• US dollar, US yields rallied while gold, silver, copper, stocks fell
• Those influences drove AUD/USD down to 0.6962, an 11-session low
• NY opened near 0.6980, AUD/UDS traded down -0.26% in early action
• Techs lean bearish now; RSIs falling, pair holds below the 10- & 21-DMAs
• US Sep. factory orders, JOLTS & mid-term elections are key
risks Tuesday
audusd

(Christopher Romano is a Reuters market analyst. The views expressed are his own)