• The Australian dollar plunged to a 1-week low following the release of the last Reserve Bank of Australia policy meeting minutes. 
   
• Minutes from the RBA's first meeting of the year showed policymakers discussed easing policy as they considered the virus a material threat to the economies of China and Australia.
   
• The RBA kept rates unchanged at an all-time low of 0.75 percent at that meeting, but the central bankers are prepared to ease policy further if needed.
   
• The Aussie was trading 0.5 percent down at 0.6680, having hit a low of 0.6778 earlier, its lowest since Feb. 10. 
   
• Investors now await the Federal Open Market Committee (FOMC) Meeting Minutes. 
   
• Technical indicators are bearish: RSI weak at 34, Stochs are biased lower and MACD supports downside.
   
• Immediate resistance is located at 0.6729, a break above could take it near 0.6753 (21-EMA). 
   
• On the downside, support is seen at 0.6670, a break below could drag it till 0.6652.