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• AUD/USD -0.6% from Wed 0.70145 high after U.S. inflation tops expectations
• AU Sep employment due Thur, poll consensus: +20.0k jobs, 4.6% unemployment
• U.S. Sep CPI +0.6% m/m, +3.7% y/y (poll +0.6% & +3.6% respectively)
• Fed President Goolsbee said inflation report was 'discouraging'
• Futures pricing now implies 92% chance Fed hikes at least 25 bps by Dec 9
• Iran flags intent to target oil tankers, WTI +1.0% to $95.04 a barrel
• AUD targets 0.6865 support zone, break below will accelerate rout
• Overnight range 0.6951-0.70145 support 0.6865 0.6834, resistance 0.7282
US Annual CPI
AUD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)