Forex: AUD/USD finds resistance at 1.0350

The Australian dollar received a boost on Tuesday and trimmed last week's losses versus the greenback after the latest RBA minutes sounded less dovish than expected.

AUD/USD climbed nearly 50 pips throughout the day and reached a high of 1.0348 before losing momentum. At time of writing, AUD/USD is trading at the 1.0335/40 area, recording a 0.3% gain on the day.

In terms of technical levels, the Mataf.net team locates immediate resistances for AUD/USD at 1.0350, 1.0375 and 1.0415, while they see supports at 1.0315, 1.0275 and 1.0225.