• AUD/ USD eased slightly on Thursday as investors assessed Reserve Bank of Australia rate outlook .
• The Reserve Bank of Australia (RBA) has kept its cash rate at 4.35% for a year now and seems in no hurry to start cutting given still elevated core inflation.
.• Markets imply the RBA will only ease to around 3.80% by the end of next year, compared with 3.30% for the RBNZ.
• At GMT 06:00, The Aussie was trading down 0.10% at 0.6475 .
• Immediate resistance is located at 0.6516 (38.2%fib), any close above will push the pair towards 0.6575(50%fib).
• Support is seen at 0.6438(23.6%fib) and break below could take the pair towards 0.6418(Lower BB).
Recommendation: Good to sell around 0.6480, with stop loss of 0.6580 and target price of 0.6410
