AUD/USD: The Australian dollar advanced to a 3-week peak on data that showed domestic unemployment rate fell to a near 8-year low in February, triggering expectations the country’s central bank won’t cut interest rates any time soon. The Aussie trades 0.4 percent up at 0.7144, having hit a high of 0.7168, it’s highest since Feb. 27. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7090 (Feb. 28 Low), a break below targets 0.7041 (Mar. 14 Low). On the upside, resistance is located at 0.7182 (Feb. 20 High), a break above could take it near 0.7198 (Feb. 27 High).
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