• AUD/USD extended gains the mid-Asian session, as the Aussie received fresh impetus from better than expected Australia's housing data
  
  
• Australia House prices beat expectations in Q2, were up 4.7% on quarter, beating expectations for a 2.5% rise, following the 1.6% gain in Q1
  
  
• Separately, ANZ's Consumer Confidence Index showed an 8.7% jump last week, from 105.3 to 114.5, which also boosted the AUD bulls
  
  
• Rally in the pair was however capped at 0.7148, just shy of the 0.7150 handle
  
  
• AUD/USD has given up some of the gains and is currently trading at 0.7128, with immediate support at 0.7112 (daily Tenkan) and resistance at 0.7146 (daily Kijun)
  
  
• Breaks below daily Tenkan at 0.7112 could take the pair to 0.7084 levels, we would look for a break below 0.7110 to go short