• AUD -0.9%, 0.7100-15 support zone tested post-Fed

• Fed on hold as expected, but three dissenters pushed back on easing bias

• On balance, this is a hawkish hold, supporting dollar's bid

• That said, the Fed's rate path stays flat from here

• Break below 0.7100 opens door to 0.7050, this marks the next line in the sand

• On the crosses though, AUD remains the carry king with an RBA hike on the table next week
AUDUSD hourly chart


Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))