AUD/USD down for the third day

The Australian dollar is due at quarter cent after it hit stops following higher US inflation. AUD/USD touched a session low of 0.7415 from 0.7460 but has bounced to 0.7430.

The Aussie found support at last week's low of 0.7410 and that continues down to 0.7392. It will be tough for those levels to break before the FOMC decision.