AUD/USD chart: Sellers step in at the upper trendline channel

FXStreet (Bali) - Following the RBA minutes-driven spike, AUD/USD sellers stepped in at 0.9109, upper trendline channel, absorbing bids after the initial positive response in the Aussie.

Enlarge

Mar 18, 2014

AUD/USD hits 1-week highs after RBA minutes

The AUD/USD reacted to the upside, rising from 0.9085 to 0.9108 after the release of the minutes of the last monetary policy meeting of the RBA, that took place March 4th.

PBOC sets USD/CNY rate at 6.1341

People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.1341 on Tuesday vs 6.1321 reference rate on Monday, and prior close of 6.1781.