AUD/USD: The Australian dollar rebounded from a 9-day low touched in the previous session, after Reserve Bank of Australia Governor Philip Lowe stated that the outlook for the economy remained positive, indicating no inclination to ease anytime soon. The Aussie trades 0.1 percent up at 0.7097, having hit a high of 0.7206 the day before; it’s highest since February 6. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7060 (Feb.8 Low), a break below targets 0.7016 (Dec. 27 Low). On the upside, resistance is located at 0.7135 (Feb 13 High), a break above could take it near 0.7173 (Feb. 19 High).
AUD/USD H4 chart