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AUD/USD rejected at mid point 0.87 handle

FXStreet (Guatemala) - AUD/USD is trading at 0.8713, down -0.06% on the day, having posted a daily high at 0.8729 and low at 0.8694.

AUD/USD has stepped back into line with all data relating today’s releases surrounding Australia and China came in as expected. HSBC Manufacturing PMI (Sep) read 50.2 vs previous same and Australia’s private sector borrowed as per expected also for the month of August. So, the bearish tone remains and a break below 0.8680 should trigger further slides in the pair eyeing 0.8630/40 according chief analyst Valeria Bednarik at FXStreet.

AUD/USD levels

Support levels: 0.8700, 0.8680 and 0.8635

Resistance levels: 0.8720, 0.8750/70, 0.8800 and 0.8840

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