FXStreet — The 3-week high was in the vicinity of the 0,7515 tested and so came the AUD/USD is under pressure, so that the FOMC meeting Protocol-induced gains are to be reduced.
The Pair pulled back from the higher range, as the Dollar recovered slightly from the multi-month low, which was formed on Wednesday with the disappointing FOMC meeting minutes. The market expectations for a faster tightening of the Fed monetary policy in the year 2017 has not been met.
With the US trade await us next, the trade balance, wholesale inventories, and weekly unemployment benefits.
Supports lie at 0,7475, 0,7430 and 0,7400. On the other hand, Resistances above 0.75, 0,7515-20 and the 100-day SMA of 0,7555.
** FXStreet News Editorial, FXStreet**
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