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• AUD/ USD strengthened on Friday as Australian dollar was supported increased risk sentiment .
• Australian dollar was poised to secure another week of gains , buoyed by positive global service sector surveys that bolstered risk sentiment.
• At (05:51 GMT )the pair was up at 0.08 percent at 0.6721 , having touched day low at 0.6699 earlier in the day.
• Immediate resistance is located at 0.6753 (Aug 22nd high), any close above will push the pair towards 0.676593 (23.68.2%fib).
• Support is seen at 0.6695 (38.2%fib) and break below could take the pair towards 0.6664(Aug 19th low).
Recommendation: Good to buy around 0.6700, with stop loss of 0.6660 and target price of 0.6780
