FxWirePro: AUD/USD softens slightly post-RBA minutes

• AUD/USD eased slightly on Tuesday  after RBA minutes showed uncertainty on the rate path.

•  Minutes of the Reserve Bank of Australia’s March meeting showed board members agreed it was not possible to predict the future path for interest rates, following two rate hikes this year amid ongoing war-related risks.

• The RBA raised interest rates by 25 basis points to 4.1% earlier this month, reversing two of the three cuts made in 2025, in a closely contested 5–4 vote—the narrowest since it began publishing vote splits last year.

·  Markets see a 60% chance of ​another rate hike in May, with an additional tightening of 65 basis points to come ​this year.

•.Meanwhile,  Geopolitical tensions continue to influence sentiment, with Donald Trump renewing his ultimatum, while Iran dismissed U.S. proposals as unrealistic, keeping markets on edge and supporting safe-haven flows.

•  Immediate resistance is located at 0.6875 (Daily high), any close above will push the pair towards 0.6914 (50%fib).

•  Support is seen at 0.6839(Lower BB) and break below could take the pair towards 0.6794(Lower BB)

Recommendation: Good to sell around 0.6870 with stop loss of 0.6950  , and target price of 0.6800