AUD/USD likely to continue its ratchet higher after rallying 0.3% Tuesday

Takes higher U.S. yields , hawkish talk from Fed officials in stride

Sticky U.S. inflation, tight labor market point to more Fed rate hikes

POLL-At least two more Fed rate hikes and no cut this year, say economists

Hawkish RBA offsets Fed, both central banks seen on similar rate paths

RBA governor Lowe's parliamentary testimony awaited Wednesday

Range Tue 0.7030-0.6922 ; initial support 0.6950, resistance 0.7010, 0.7030

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