AUD/USD fell 1.4% and completed a bearish outside day as USD broadly gained

Another batch of stronger than expected US data fanned hawkish Fed expectations nL1N32V1DE

Risk currencies particularly hard hit, as commodities and equities tumbles nL1N32V25VnL1N32U0FT

AUD/USD opens just above 21-day MA at 0.6689 - which has held since Nov 4

A break below the 21-day MA confirms short-term trend higher has ended

Resistance is at double-top around 0.6850 and 200-day MA at 0.6918

RBA decision today and they are expected to hike 25 BPs to 3.10%

Key will be if there any changes to forward guidance in the statement nL4N32V03B

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