AUD/USD stays bid after rising to a 1-mth 0.6749 high on Tue, closed up 0.2%

Boosted by lower U.S. yields & a broadly weaker USD on Fed rate cut optimism

Speculation of sizable revisions to annual U.S. payrolls data weighs on USD

Goldman expects 600k-1 mln fewer jobs were created than previously reported

If correct, will intensify expectations of a 50-bps Fed September rate cut

Traders unlikely to chase AUD rally after a near-one way 2% rise since Thu

Expectations of dovish guidance from Powell on Friday mostly priced in

AUD/JPY sales also likely to cap AUD after repeated failures at 98.90-91.00

But AUD to remain bid on dips as RBA-Fed interest rate expectations diverge

Resistances 0.6755-0.6764, daily highs in mid-July, stronger @ 0.6788-0.6798

Support 0.6695-0.6700,0.6670; Tuesday range 0.6714-0.6749

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