- Aussie has broken minor resistance 0.7065 on upbeat Chinese PMI and it is currently trading at 0.7061.
- Chinese Manufacturing PMI for Sep came at 49.8 compared to forecast of 49.7.
- Technically any break above 0.7065 will take the pair to next target 0.7117/0.7150.
- On the downside minor support is around 0.7000 and break below targets 0.6935.
- Short term bullish invalidation only below 0.6935.
It is good to buy at dips 0.7045-50 with SL around 0.7000 for the TP of 0.7145
