• The Australian dollar rose, extending previous session gains after data showed improvement in domestic business confidence. 
   
• Australian business conditions showed activity stayed flat in January though confidence lifted slightly from its lowest since mid-2013. National Australia Bank’s index of business conditions was flat at +3 in January, while the survey’s volatile measure of business confidence added 1 point to -1.
   
• The Reserve Bank of Australia kept rates unchanged last week at its first meeting of the year and signaled steady policy in the period ahead.
   
• The Aussie was trading 0.3 percent up at 0.6708, having hit a low of 0.6662 on Friday, its lowest since March 2009. 
   
• Technical indicators are bullish on hourly charts: RSI strong at 69.97, Stochs are biased higher and MACD supports upside.
   
• Immediate resistance is located at 0.6729, a break above could take it near 0.6755. 
   
• On the downside, support is seen at 0.6670, a break below could drag it till 0.6645.