Sforex
Short

Aussie: China PMI: Caixin and NBS: Beware..

FX:AUDUSD   Australian Dollar/U.S. Dollar
238 0 4
Resistance: 0.7040

Support: 0.6935

Strong support: Year low: 0.6900

- Incoming data:

- Caixin PMI
- NBS PMI

Beware: They could cook number cause of China slowdown, they want to lift up hope.

If they don't cook number, I believe the data difficultly is positive, and the upside of Ausie is limited.

Payrolls on Friday is s strong data.

Two data combine together could drag Aussie lower.

I still position Aussie below the year low.
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