AUD/USD: The Australian dollar consolidated near a 2-1/2 week peak recorded in the prior session, after minutes of the Reserve Bank of Australia’s March policy meeting showed the outlook for policy was balanced with the impact of declining house prices a major source of uncertainty. The Aussie trades flat at 0.7102, having hit a high of 0.7119 on Monday, it’s highest since Mar. 1. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7057 (Mar. 12 Low), a break below targets 0.6993 (Jan.4 Low). On the upside, resistance is located at 0.7150 (Feb. 22 High), a break above could take it near 0.7182 (Feb. 20 High).
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