AUD/USD bid in Asia after closing 0.45% higher Mon, awaits RBA rate decision

RBA almost certain to hold rates at 4.35%, reiterate hawkish stance

Also likely to emphasise that it is not ruling anything in or out on policy

Diverging RBA-Fed rate expectations continue to underpin AUD

Fed officials say large rate cut was warranted; traders prepare for more

Festering concerns over China's economy cap AUD upside

Australia CPI Wednesday and U.S. PCE Price Index Friday key data this week

Resistance 0.6871 Dec high, 0.6900 June 2023 high; support 0.6800, 0.6780-85

Monday range 0.67985-0.6853

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