AUD/USD: The Australian dollar steadied after easing from a 1-1/2 week peak in the previous session, as markets are almost fully priced for a rate cut from the Reserve Bank of Australia next week. The Aussie trades 0.1 percent up at 0.6926, having hit a high of 0.6938 on Monday, it’s highest since May 15. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.6890 (May 20 Low), a break below targets 0.6864 (May 17 Low). On the upside, resistance is located at 0.6961 (Apr. 30 High), a break above could take it near 0.6997 (May 9 High).
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