The aussie hit a new year high against the dollar at 0.9311 after the RBA minutes. The pair is now trading at 0.9285.

The bands of Bollinger are narrowing, indicating low volatility and a possible reaction in the next minutes, while the RSI is on neutral ground. If there's a downwards correction, the nearest support is at 0.9075, while the resistance to watch out for is at 0.9311 dollars.

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