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AUD selling after big miss on Aus building permits

FXStreet (Bali) - Sept building approvals in Australia saw a big miss, coming at -11% MM, -13.4% YY vs -1.0% MM, -0.9% YY exp. Meanwhile, Oct job ads stood at +0.2% MM.

AUD/USD is pressured after the economic data releases, having broken the 0.8750 support, now en-route to next intraday smattering of bid orders circa 0.8715 ahead of 0.87 round number, with a break below exposing 0.8680 (Central Bank buying last month) ahead of 0.8650 key day support.

Australia Building Permits (YoY) down to -13.4% in September from previous 14.5%

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