AUD Daily Review for April 30, 2019
|The AUD/USD pair holds the strength by being around 0.7055 during the early Asian session on Tuesday while investors await China PMI.|
|The Australian Dollar managed a bounce having found support below the 0.70 figure but overall positioning still seems to favor a bearish trend bias.|
|The Euro gained as markets digested Italy avoiding a sovereign credit rating downgrade, EUR/USD may turn lower as resistance holds. AUD/USD may rise on China manufacturing PMI data.|
|The Aussie dollar is feeling the pull of gravity, courtesy of a weaker-than-expected China factory activity data published by the National Bureau of S|
|AUD/USD daily chart AUD/USD is trading in a bear trend below its mains simple moving averages (SMAs). AUD/USD is seen as bearish below 0.7075 resistan|
Have a nice trading!