AUD/USD opened +0.64% at 0.6557 after USD fell across the board nL1N3CL22K

It traded 0.6551 early Asia before the release of the RBA minutes

The minutes struck a hawkish tone and AUD/USD moved up to 0.6580 nS9N3BF00MnL4N3CM0JA

Move higher was helped along by hawkish comments from RBA Governor Bullock nL1N3CM00N

Heading into the afternoon it is just below the session high at 0.6580

Resistance is at the 50% of the July/Oct fall at 0.6583

key resistance is roight behind at the 200-day MA at 0.6590

A break above 0.6600 targets the 61.8 of the July/Oct fall at 0.6656

USD under pressure as market prices in a dovish turn in Fed expectations

Lack of key US data this week will help USD bears to remain in control

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