AUD/USD down 0.1% as RBA minutes show it is gaining confidence on inflation

C.bank sees diminishing upside inflation risk, increased risks on economy

RBA stresses it is data dependant; weak data to result in Feb rate cut

25 bps cut more than fully priced in by April

AUD recovery attempts continue to fail near 0.6271, previous low in 2023

Support 0.6220-25, 0.6200-05, 0.6170, resistance 0.6270-75, 0.6300-05

Asia range 0.6239-0.6249

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