1 Jul 2013
AUD/USD weak start of the week below 0.9150
FXstreet.com (Barcelona) - With a busy agenda ahead for the first day of month and week in the Asia-Pacific, the Aussie opens slightly to the downside, printing yet another fresh low nearer of the 0.91 handle, lowest seen since September 2010.
Plenty of data ahead
Last at 0.9125, few pips below previous weekly close Friday, the pair will be focused on Chinese PMI data coming out at 01:00 GMT and 45 minutes later, while earlier will face minor Australian AIG manufacturing index at 23:30 GMT and MI inflation gauge at 00:30 GMT. Not to forget US Treasury Sec Lew to speak at 23:30 GMT, and Japan Tankan at 23:50 GMT.
Key technical levels
Immediate support to the downside for AUD/USD lies at recent session/Friday's lows 0.9107/11, followed by Feb 2010 highs at 0.9072, and July 2010 highs at 0.9069. To the upside, closest resistance shows at past Monday's June 24 lows 0.9147, followed by June 20 lows at 0.9161, and June 21 lows at 0.9182.
Plenty of data ahead
Last at 0.9125, few pips below previous weekly close Friday, the pair will be focused on Chinese PMI data coming out at 01:00 GMT and 45 minutes later, while earlier will face minor Australian AIG manufacturing index at 23:30 GMT and MI inflation gauge at 00:30 GMT. Not to forget US Treasury Sec Lew to speak at 23:30 GMT, and Japan Tankan at 23:50 GMT.
Key technical levels
Immediate support to the downside for AUD/USD lies at recent session/Friday's lows 0.9107/11, followed by Feb 2010 highs at 0.9072, and July 2010 highs at 0.9069. To the upside, closest resistance shows at past Monday's June 24 lows 0.9147, followed by June 20 lows at 0.9161, and June 21 lows at 0.9182.