Back
1 Jul 2014
AUD/USD supported again on Chinese data
FXStreet (Guatemala) - AUD/USD is trading at 0.9425, down -0.07% on the day, having posted a daily high at 0.9438 and low at 0.9416.
AUD/USD is trading slightly lighter post the HSBC Flash China Manufacturing Purchasing Managers’ Index (Final print). This probably confirms yesterday rally will remain in tact at these levels for the time being and ahead of the RBA later on. The data was revised down to 50.7 from 50.8 earlier in June but up from 49.4 in May giving us confirmation that things there are improving significantly.
AUD/USD Levels
Current price is 0.9426, with resistance ahead at 0.9433 (Monthly High), (Weekly High), (YTD High), 0.9433 (Daily Open) and 0.9438 (Daily High). Next support to the downside can be found at 0.9421 (Hourly 20 EMA), 0.9420 (Daily Classic PP), 0.9416 (Daily Low), 0.9408 (Weekly Classic PP) and 0.9404 (Hourly 100 SMA).
AUD/USD is trading slightly lighter post the HSBC Flash China Manufacturing Purchasing Managers’ Index (Final print). This probably confirms yesterday rally will remain in tact at these levels for the time being and ahead of the RBA later on. The data was revised down to 50.7 from 50.8 earlier in June but up from 49.4 in May giving us confirmation that things there are improving significantly.
AUD/USD Levels
Current price is 0.9426, with resistance ahead at 0.9433 (Monthly High), (Weekly High), (YTD High), 0.9433 (Daily Open) and 0.9438 (Daily High). Next support to the downside can be found at 0.9421 (Hourly 20 EMA), 0.9420 (Daily Classic PP), 0.9416 (Daily Low), 0.9408 (Weekly Classic PP) and 0.9404 (Hourly 100 SMA).