Key Levels to Watch in the AUD Ahead of the Big Data Day
The AUD has tried and failed at the 80 cent level yesterday. Overnight a strong USD dragged the AUD/USD down and it has been red ever since
•
Last updated: Thursday, August 31, 2017
The AUD has tried and failed at the 80 cent level yesterday. Overnight a strong USD dragged the AUD/USD down and it has been red ever since. There’s a bit of data around today however there is none more important than Chinese Manufacturing PMI.
Here are the key levels to watch out for:
Key Levels
|
Support |
Resistance |
|
0.7900 |
0.7950 |
|
0.7885 |
0.8000 |
|
0.7850 |
0.8040 |
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
