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Add as a preferred source on Google FxWirePro: AUD/NZD spikes on positive Chinese data, focus shifts to GDT auction A slew of better-than expected Chinese macro data boosted the Aussie across the board AUD/NZD opened at 1.1078 and rose to six-day highs by 1.1150, currently trading at 1.1132 up around 0.35% on the day Positive Chinese …
Updated Jul 15, 2015, 5:01 AM UTC 1 min read
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A slew of better-than expected Chinese macro data boosted the Aussie across the board
AUD/NZD opened at 1.1078 and rose to six-day highs by 1.1150, currently trading at 1.1132 up around 0.35% on the day
Positive Chinese GDP, retail sales and industrial production data eased concerns over slowdown in China
Kiwi however showed muted response to positive China data, focus lies on tonight's GDT release which may provide further cues on RBNZ policy stance
Resistance seen at 1.1159 (4h cloud top), while immediate support lies at 1.1077 (4h 20 MA)
Technicals EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
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Technicals EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
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