• AUD/USD +0.3% from Tue 0.6962 low in an extension of modest wtd gains

• U.S. trade deficit +13.7% in Aug, imports +4.3% to record high of $420.8 bln

• Gold +0.6%, DXY -0.3%, & UST yields lower; Fed meeting minutes due Wed

• U.S. equities stay upbeat ahead of Q3 earnings season starting next week

• AUD sellers likely to emerge ahead of 0.7054 100-DMA, 0.6865 downside target

• Overnight range 0.6962-90 support 0.6904 0.6865 0.6834, resistance 0.7282
US Trade Balance


AUD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)