AUD/USD opens 0.48% higher after China related assets rallied on Monday

The Shanghai Composites had it best day in nearly 3 months - rising over 2% nL1N35009P

London copper and Dalian iron ore also rallied on China optimism nL1N35003D

AUD/USD resistance is at the 10-day MA @ 0.6921 and 0.6920 was top on Monday

A break above 0.6925 targets the 21-day MA at 0.6985

Key support is at the 200-day MA at 0.6805 with Friday's low at 0.6812

RBA Minutes out today and they are expected to retain a hawkish bias

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