AUD/USD printed a new session high of........>

AUSSIE: AUD/USD printed a new session high of $0.6795 before retracing the spike

after the RBA left its cash rate unchanged, in line with forecasts. The board

noted that it will take longer than exp. to get inflation to 2%, while

Australian economy is exp. to grow at 2.5% in 2019. The Bank reiterated its

readiness to ease policy further if needed, adding that rates will likely remain

low for an extended period. Re: AUD, the central bank acknowledged that "the

Australian dollar is at its lowest level of recent times."

- AUD/USD last sits at $0.6779, 23 pips higher on the day. Bulls eye a break of

the $0.6800 barrier, which would open the 100-HMA/Aug 2 high at $0.6814/19.

Trendline support at $0.6779 limits the downside, below here would shift bearish

focus to the lower Bollinger band (2%) & Jan 3 YtD low at $0.6741.

- This comes after the PBoC's attempts to alleviate some pressure from the yuan

by auctioning CNH-denominated bonds & fixing USD/CNY sub-7.00 aided the pair.

Support was also provided by the release of the widest Aussie trade surplus on

record & steady AUD/NZD buying (with talk of short covering here), which

countered AUD/NZD's earlier slump on the back of a strong NZ jobs report.