• AUD/USD -0.2% from Wed 0.7189 high, resistance too tough on 1st-attempt

• Break above 0.7190-00 zone will put 0.72825 50-month high in cross hairs

• Wed hotter than expected CPI firms RBA rate hike bets, underwrites AUD rally

• U.S. Jul PCE index +0.2% m/m, +3.7% y/y (poll +0.1% and +3.6% respectively)

• USD Index & UST yields slightly higher on firming Fed rate hike bets

• Fed Chair Warsh speech at Jackson Hole Fri looms as late-week focal point

• Overnight range 0.7164-89 support 0.6920 0.6866, resistance 0.7190-00 0.7282
AUD Daily 21/55/100-DMA


AUD Weekly 52-WMA

(James Connell is a Reuters market analyst. The views expressed are his own.)