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• AUD/USD to stay bid on dips after closing 0.25% higher on Friday
• Buoyed by repricing of Fed rate hike bets after soft U.S. jobs data
• Supported by risk rally on waning global rate hike expectations
• Lower energy prices, easing inflation fears boost risk appetite
• MSCI gauge of global stocks up 0.4% Fri, Wall Street futures advance
• Europe's STOXX 600 climb 0.6% to another record high
• AUD recovery from 200-day MA currently at 0.6869 technically positive
• Interim supports at 0.6910-15, 0.6885-90; resistance 0.6950, 0.6975-80
• Friday range 0.6911-0.6949; Monday Asia range 0.6940-0.69465
AUD:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)