AUD/USD is last at 1.0224, off fresh session highs at 1.0231, about 6 pips above Asian session start, and up from session lows at 1.0205 printed on official PMI China. The pair is down -0.99% for the week so far, while local share markets trade in the light red over all, and Gold recovers above the $1580 mark. “Plenty of bids waiting on sub-1.0200 dips,” says FXWW founder Sean Lee for AUD/USD pair.
Immediate support to the downside for AUD/USD lies at Tuesday's lows 1.0200, followed by Wednesday's fresh 4-month lows at 1.0180, and Sept 05 lows at 1.0160. To the upside, nearest term resistance shows at Monday's lows 1.0247, followed by Monday's Asian session lows at 1.0260, and yesterday's/Tuesday's highs at 1.0290/5.