FXStreet notes that AUD/USD has tumbled below 0.73 after the Reserve Bank of Australia's (RBA) Meeting Minutes revealed uncertainty about the economy following covid-related lockdowns. Economists at Société Générale expect the aussie to extend its slump on a break below 0.7285.

“RBA says prepared to act if lockdowns stall economic recovery.”

“AUD/USD has reached downside projections near 0.7300/0.7285 however signals of rebound are still not visible.”

“0.7450 caps upside.”