China National Bureau of Statistic
China’s Sep manufacturing PMI came at 49.8 from 49.50 previous month, compared to a forecast of 49.50.
Non-manufacturing PMI declined to 50 in Sep from 50.30, expected 50.4.
Caixin manufacturing PMI dropped to 49.30 in Sep vs. Forecast of 50.50. While services PMI came in at 50.30 vs. the Forecast of 51.60 from 50.30 the previous month.
AUDUSD pared its gains after dismal PMI data.
Major resistance- 0.7000
Near-term resistance - 0.6950
Minor support- 0.6860,0.6800
Trend reversal level- 0.6620
