For Australia today we get the National Australia Bank Business Confidence and Business Conditions indices for July, due at 0130GMT.
- Business Confidence, prior was a big, fat zero
- Business Condition, prior was -8
For the AUD/USD, initial resistance this morning 0.9180/90, then 0.9215/20 (0.9220 is going to be a tough nut to crack). Initial support is close by around overnight lows at 0.9135/40, then 0.9110/15. Some of the technicals are looking positive for the AUD.
I’ll be back with the orderboard soon.
