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AUD/CHN mixed signals suggest further consolidation rather than a trend

Sharp AUD led 1% fall on soft China trade data World Bank released lower revisions on East Asia growth Fall leaves neutral 5, 10 & 20 dma's - momentum studies peak Initial support & resistance at 4.6919 - 4.7739

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  • Sharp AUD led 1% fall on soft China trade data

  • World Bank released lower revisions on East Asia growth

  • Fall leaves neutral 5, 10 & 20 dma's - momentum studies peak

  • Initial support & resistance at 4.6919 - 4.7739 

 

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