Some of the levels doing the rounds
Chatter of 0.6960/70 … ie where we have been chopping around for past hours
further down:
- 6930/40 and 00/10
Resistance:
- 0.6975,
- 0.7000/10
ps. A commentary piece also doing the rounds (in summary):
- Australia one of the only G10s with positive data surprises and momentum
- RBA forecasts a return to trend growth eventually
- may support AUD
BUT
- escalating trade tensions
- resulting yuan depreciation a major risk
