AUD/USD: The Australian dollar rose, extending previous session gains after the Reserve Bank of Australian cut interest rates but offered a more balanced outlook. The Aussie trades 0.05 percent up at 0.6995, having hit a high of 0.7034 on Monday, it’s highest since Jun. 7. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.6941 (June 25 Low), a break below targets 0.6901 (June 13 Low). On the upside, resistance is located at 0.7022 (June 7 High), a break above could take it near 0.7069 (Apr. 30 High).
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