AUD/USD: The Australian dollar plunged to a 6-day low, after Reserve Bank of Australia Assistant Governor Michele Bullock said there were risks to builders from a glut of new apartments and cautioned banks not to go too far in curbing the supply of credit to the economy. The Aussie trades 0.2 percent down at 0.7077, 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 0.7041 (Mar. 14 Low), a break below targets 0.6993 (Jan.4 Low). On the upside, resistance is located at 0.7119 (Feb. 18 High), a break above could take it near 0.7182 (Feb. 20 High).
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