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AUD/USD awaiting RBA minutes

FXStreet (Guatemala) - AUD/USD is trading at 0.9323, down -0.02% on the day, having posted a daily high at 0.9329 and low at 0.9322.

The AUD/USD was trading at recent highs on a relatively non eventful session in the US for the pair. Valeria Bednarik, chief analyst at FXStreet explained that the AUD/USD awaits RBA latest Minutes to wake up, with the pair trading uneventfully between 0.9300 and 0.9330 for most of this Monday. “As commented on previous updates, Governor Stevens is expected to down talk Aussie, stating the currency remains overvalued, meaning expectations are limited for an AUD rally”.

Support and resistance levels

Support levels: 0.9300 0.9260 0.9220

Resistance levels: 0.9330 0.9370 0.9410

NZD/USD challenging the channel support line

NZD/USD is trading at 0.8468, down -0.12% on the day, having posted a daily high at 0.8487 and low at 0.8467.
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FOMC BoE minutes later this week - BBH

While we await the RBA minutes, meanwhile, Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted that minutes from the recent FOMC and BOE meetings will also be released this week.
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