The double-top is at 1.0850 but it needs a break and hold below the neckline at 1.0590 to confirm the pattern. Next technical support below there is a daily low at 1.0520. So far the 1.0600 level is holding but the bounce has been anaemic so far.
The market is concentrating more on the PBOC comments than the RBA rate decision and it does seem that the AUD is overall sitting quite long.
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