Fundamental Backdrop 1. DXY continues to weaken 2. Westpac Consumer Sentiment 8.6% lift in house price expectations (Interest Rates Up) 3. Eyes are on the AUD's Employment Change and Unemployment Rate, which are expected to be better than previous results, strengthening the AUD. 4. Watch out for the US CPI News tonight
Technical Confluences 1. Price recently bounced off the near-term resistance at 0.66900 2. Next resistance at 0.67750
Idea If price closes above the 0.67000 resistance level, we could see price continue heading towards the next resistance level at 0.67750.
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