AUD/USD remains on the defensive near mid-0.7400s, downside seems cushioned

The AUD/USD pair remained on the defensive through the early North American session and was last seen hovering near the daily low, around mid-0.7400s.
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United States New Home Sales Change (MoM) climbed from previous -4.5% to -2% in February

United States New Home Sales Change (MoM) climbed from previous -4.5% to -2% in February
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