AUD/USD: The Australian dollar rose, extending previous session gains, as local gross domestic product data for the March quarter due out next week is likely to justify that dovish outlook with annual economic growth seen slowing to just 1.8 percent or less. The Aussie trades 0.05 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 0.6881 (May 24 Low), a break below targets 0.6846. On the upside, resistance is located at 0.6946 (May 15 High), a break above could take it near 0.6961 (Apr. 30 High).
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