• AUD/USD are moving in and testing the bull's commitments in key weekly support area.
• Bears eye a break towards the 0.6640s while below 0.6670 near term.

AUD/USD is lower on the day, down some 0.57% at the time of writing after falling from a high of 0.6698 to a low of 0.6652.  The currency has been better offered following the Reserve Bank of Australia which kept interest rates at 4.10%. Markets, however, expect that September will most likely be the timing for the next rate increase, and this has been reflected in the price over the last weeks