Extending its early European session's rally, the Australian dollar edged up to a 4-day high of 0.6942 versus the US dollar and 68.44 against the Japanese yen by 7:00 am ET on Tuesday. The aussie is currently worth 68.27 against the yen and 0.6931 versus the buck with 69.5 and 0.707 seen as the next target levels, respectively.

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