AUD/USD jumped from 0.6340 to 0.6360 after RBA minutes

RBA considered hiking 25 bps but would have more information at Nov meeting

Minutes noted upside risks to inflation and concern it was not slowing enough nS9N38X01V

The minutes suggest November meeting will be live and data will dictate

Market was only pricing in a 15% chance of a hike before the minutes

According to LSEG RBAWATCH the pricing is for a 23% chance after the minutes

AUD/USD rally stopped short of 10-day MA at 0.6364

More resistance is at the 21-day MA at 0.6385

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