There is data coming up from Australia and China today that will impact on the AUD
- Economic data due from China today ... IP, GDP, Retail Sales Chinese
- Economic data due from Australia - consumer confidence + more
Keep these in mind ... data surprises can impact on currency moves and make a mockery of orderboards. I'm not expecting any data surprises today (if I was, they wouldn't be a surprise, would they? :- D )
AUD/USD
- Sellers 0.7490/00, stops above the figure, Sellers again 0.7525/30
- Some stops below 0.7440 and 0.7430
- Buyers 0.7400/10
- Stops below 0.7375 and 0.7380
Currently 0.7451
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NZD/USD
- Sellers 0.6730/40, then 0.6750. Stops above 0.6750. Sellers 0.6770 again
- Buyers 0.6670, stops below here. Buyers again 0.6625/30
Currently 0.6711
And, current levels:
- EUR/USD 1.1013
- USD/JPY 123.35
- GBP/USD 1.5635
- us/CHF .9448
- US/CAD 1.2731
