AUD/USD — RBA's Stance and the 0.69 Handle

Watching $AUDUSD chew on that 0.69 handle after the RBA minutes. Feels like the market's still trying to price in just how dovish they're willing to go, or rather, how long they can pretend to be hawkish while the rest of the world eases. Every time it nudges up, there's that nagging feeling it's on borrowed time, especially if those US CPI numbers come in softer than expected next week.

My take is that while 0.69149 is tempting, I'm waiting for a clearer conviction break or rejection. The intraday range 0.68868–0.69272 tells me we're still in a bit of a tug-of-war here. Not jumping in just yet, but definitely keeping it front and center on the watchlist for a potential move once the dust settles.