By Krishna K — Nov 18 - 08:10 PM
AUD/USD eases slightly after closing 0.7% higher Mon as markets consolidate
RBA minutes of Nov meeting taken in stride; c.bank stays guardedly hawkish
Australia central bank pondered scenarios for rate changes at Nov meeting
AUD likely to be supported on dips as commodities recover from recent drop
Upside limited on concerns about slower Fed rate cuts, China concerns
Support 0.6475-80, strong base at 0.6440-50, resistance 0.6515-20, 0.6535-40
Asia range 0.6496-0.6507
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Source:
Refinitiv IFR Research/Market Commentary