Key Levels to Watch in the AUD Ahead of the Big Data Day - Forex News by FX Leaders

Key Levels to Watch in the AUD Ahead of the Big Data Day

Posted Thursday, August 31, 2017 by
Rowan Crosby • 1 min read

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

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About the author

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.
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