FxWirePro: Aussie trades marginally higher after RBA’s monetary policy meeting minutes

• AUD/NZD is currently trading around 1.0568 marks.
   
• Pair made intraday high at 1.0577 and low at 1.0551 marks.
   
• Intraday bias remains neutral till the time pair holds key resistance at 1.0592 mark.
   
• A sustained close above 1.0564 will drag the parity higher towards key resistances at 1.0592/1.0652/1.0705/1.0802/1.0945/1.1072 levels respectively.
   
• Alternatively, a daily close below 1.0564 will take the parity down towards key supports around 1.0506/1.0443/1.0380/1.0305 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
   
• Australia's S&P/ASX 200 index up 0.40 pct at 5,864.40 points in early trade.
   
• RBA minutes - Board agreed there was not a strong case for near-term move in policy.
   
• RBA minutes - Progress on unemployment and inflation likely to be only gradual.
   
• RBA minutes - Economy "appeared likely" to grow faster this year than in 2017.
   
• RBA minutes - An appreciation in the A$ would slow expected acceleration in economy.
   
• RBA minutes - High household debt creates uncertainty for consumption outlook.

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