AUD/USD traded 0.6957 as rise in Wall Street futures rally after key earnings reports

Microsoft and Alphabet gave upbeat forward guidance after mixed earnings

Microsoft mixed expectations but was very optimistic on future earnings

The share price flipped from negative to up over 5% in after-hours trading

AUD/USD resistance is at 50% retracement at 0.6982 and yesterday's 0.6984 high

Focus will shift to Aus Q2 CPI to be released at 01:30 GMT

The CPI will likely impact RBA expectations and impact AUD in immediate-term

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