AUD/USD up 0.1% in Asia, trades in relatively narrow range of 0.7601-0.7620

Holds ground despite clearly dovish speech by RBA Governor Lowe nL1N2K904X

Underpinned by strong risk sentiment; ASX 200 rallies to 11-month high

Lowe says cash rate to stay near zero for long time ; analysts tip more QE

Downplays fears of housing mkt bubble despite prices rising to record highs

Iron ore down 15% since Dec, copper down near 6-week low Tues, will cap AUD

Support 0.7565-70, 0.7547, 0.7500-05, resistance 0.7620-25, 0.7650-60 strong

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