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FxWirePro: China manufacturing PMI miss weighs on the Antipodeans, AUD/USD below the 0.73 handle

  • AUD/USD is currently trading at 0.7295, with a high of 0.7316 and a low of 0.7290 so far

  • Big miss on the China Manufacturing PMI for July that arrived at a two year low has weighed on the Antipodean currencies

  • The pair is struggling to get past the 0.73 handle, trades rangebound with momentum still bearish

  • Tuesday's RBA policy decision and key Australian unemployment data later this week will be watched for cues

  • Immediate resistance is seen at 0.7299 (4h Tenkan-Sen) and support is seen at 0.7256 (daily lows July 28) 

  • Market Data
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