• AUD/USD jumped to highest level since early May after the release of upbeat Chinese economic data.
   
• The pair largely ignored slightly weaker-than-expected Australian employment details on Thursday amidst broadly weaker US Dollar.
   
• US CPI and monthly retail sales data, accompanied with Empire state manufacturing survey, followed by industrial production and consumer confidence index in focus for fresh impetus.
   
• The pair is currently trading almost unchanged on the day at 0.7636 levels, bias higher as long as pair holds above 61.8% Fib at 0.7571.
   
• Upside finds next hurdle at 0.7687 (78.6% Fib) ahead of 0.77 and then 0.7719 (May 3rd high).
   
• Break below 0.7571 (61.8% Fib) could see downside upto 0.7521 (July 11 low) and further weakness could see test of 0.7490 (50% Fib).