AUD/USD has ticked back above $0.6800 and....>

AUSSIE: AUD/USD has ticked back above $0.6800 and into positive territory. The

pair last sits at $0.6812, 10 pips higher on the day. The pair has found some

support in the way of comments from RBA Gov Lowe, who testifies to lawmakers at

writing. The full text of his opening remarks can be found at

https://www.rba.gov.au/speeches/2019/sp-gov-2019-08-09.html, the testimony has

now proceeded to the Q&A session. On the positive note, Lowe said that

Australian economy may have reached "a gentle turning point;" please refer to

the 00:51 BST 08/09 RBA bullet for a summary of key points from Lowe's address.

- A familiar technical picture remains intact, with bulls looking for a break

above the 38.2% fibo retracement of the Jul-Aug fall at $0.6832.