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AUD/USD Falling into the Week's Lows at 0.7180 on China Data Flub
Friday, 14 December 2018 09:54 WIB | CURRENCIES |AUD/USD,

AUD/USD is firmly pointed downwards for Friday's action, dropping from the early session's 0.7230 to test the week's low at 0.7180 on China's Retail Sales data miss.

Chinese Retail Sales clocked in at an annualized 8.1% for November, a clean miss of the expected 8.8%, and Antipodean markets continue to squirm under risk aversion as China's economy faces continued slowdown thanks to ongoing trade tensions with the US,  and the Aussie stands to get dragged down the growth slope despite being an innocent bystander.

AUD/USD Technical  Levels

Today Last Price: 0.7196

Today Daily change: -30 pips

Today Daily change %: -0.415%

Today Daily Open: 0.7226

Source : FXstreet

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