AUD/USD edges above 0.6915 after release of RBA minutes

RBA considered case for raising 50 bps- pausing was not an option

Pattern of upside inflation surprise made case for 50 bp hike

AUD/USD traded as low as 0.6897 before the minutes

Resistance is at the 10-day MA at 0.6921

A break above 0.6925 targets the 21-day MA at 0.6985

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