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AUD/USD dumps 45 pips on HSBC PMI

FXStreet (Guatemala) - AUD/USD is trading at 0.9245, down -0.45% on the day, having posted a daily high at 0.9293 and low at 0.9237.

AUD/USD has dumped on the back of China’s HSBC PMI that has come down to a three month low and surprised markets and rattled the bulls of the Aussie. China's HSBC PMI for the month of August (preliminary) came at 50.3 vs 51.5 the consensus and 51.7 last month (18-month high).

AUD/USD hourly levels

Spot is presently trading at 0.9246, and next resistance can be seen at 0.9266 (Weekly Classic S1), 0.9268 (Daily Classic S1) and 0.9275 (Yesterday's Low). Next support to the downside can be found at 0.9223 (Daily Classic S3), 0.9212 (Weekly Classic S2), 0.9177 (Weekly Classic S3) and 0.9175 (Daily 200 SMA).

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China's HSBC PMI for the month of August (preliminary) came at 50.3 vs 51.5 expected and 51.7 last month (18-month high).
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