AUD/USD: The Australian dollar declined to a 1-week low, ahead of the Fed Chair Jerome Powell’s scheduled speech at Jackson Hole Symposium later during the North-American session. The Aussie trades 0.05 percent down at 0.6752, having hit a low of 0.6745 earlier, it’s lowest since August 14. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.6735 (August 13 Low), a break below targets 0.6700. On the upside, resistance is located at 0.6831 (38.2% retracement of 0.7082 and 0.6677), a break above could take it near 0.6879 (50% retracement).
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