During Tuesday's Asian trade session, the Australian dollar fell below the 0.9500 level as the RBA meeting minutes suggested that the inflation outlook "...might provide some scope for further easing".
The Australian dollar still has more room to depreciate given its high level.
Trade Idea
AUS/USD
A break and close below the 0.9475 support level should have the pair aiming once again towards this years’ low of 0.9324.
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