Jan 13, 2016
China trade balance preview - what to expect in AUD/USD?
FXStreet (Guatemala) - AUD/USD made recovery attempts in a better risk environment, but the 100 SMA at 0.7008 on the hourly sticks capps in the main. Risk has started to filter through again after the PBoC intervening in the offshore market yesterday, and all eyes remain on China again today with the extra twist of the trade balance for December's business released in the session.
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