AUD/USD slightly lower after minutes of May meeting where they hiked 25 bps

Minutes confirm RBA's hawkish bias by stating more tightening may be needed nS9N342006

AUD/USD was around 0.6705 before the minutes and now just below 0.6700

China retail sales and IP data will be out shortly and may impact AUD/USD

AUD/USD resistance is around 0.6720 where the 10-day & 200-day MAs converge

Support is at the 21-day MA at 0.6691 and Friday's 0.6636 low

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