FxWirePro: AUD/USD hits fresh weekly lows at 0.7312, China stocks' rout weighs

China stocks rout adds to the concerns of China's economic slowdown fuelling risk-off sentiment across the board.

• AUD/USD accelerated downside in the Asian session to hit fresh weekly lows by 0.7312
• The pair has recovered some of the losses and is currently trading at 0.7330, with day's range 0.7312-45 
• Price action is hovering just above the cloud, Tenkan and Kijun are bearishly aligned and Stochs are on the verge of a bearish crossover
• Immediate resistance is located at 0.7349 (4h Tenkan-sen) and supports on the downside are seen at 0.7314 (4h cloud top)
• Markets focus on key US macro data releases - CPI and FOMC minutes due later today for further USD moves.