The latest RBA MonPol decision sent the......>

AUSSIE: The latest RBA MonPol decision sent the Aussie higher across the G10

currency board, as the Bank left its cash rate unch. Market and economists were

near 50/50 re: the bank cutting the cash rate today. There was no formal

introduction of an easing bias, however, that could still come in the SoMP, due

for release on Friday. Worth noting the Bank trimmed its GDP & CPI exp.

- AUD/USD last deals at $0.7044, 53 pips better off. Bulls look to $0.7061,

where the rate peaked on Apr 26 & Apr 29. Above here would bring $0.7100 into

view. Bears look for a pullback through the 200-HMA at $0.7023 towards $0.7000.

- AUD/NZD rallied 64 pips and last trades at NZ$1.0635. Initial resistance noted

at NZ$1.0663, which represents the 200-DMA, followed by the upper 1.0% 10-DMA

envelope at NZ$1.0694. On the downside, focus falls on the 21-DMA at NZ$1.0613.

- AUD/JPY last seen at Y77.96, 53 pips higher on the day & hovering just above

the down trendline from the Apr 17 high, which comes in at Y77.94. Consolidation

above the trendline would allow bulls to set their sights on the 100-DMA at

Y78.65. On the downside, focus remains on the lower 1.0% 10-DMA envelope at

Y77.47.