Chinese economy grown at 7% in the second quarter compared to year ago and its industrial output also beats forecast, up 6.8% in June from previous year.
Technically Aussie is trading in tight range between 0.740-0.750 and any reversal can be seen only if it breaks above below this level.
The minor support is around 0.7430 and break below will target 0.7400/0.7370.
Overall slight bullishness can be seen only above 0.7500 and break above would extend gains till 0.7535/0.7600.
It is good to buy at dips around 0.7450 with SL around 0.7430 for the TP of 0.7500/0.7535