Two items today in Australia, both are a market focus.
Both at 0030GMT:
Trade balance for October,
- expected is -1.8bnm,
- prior was -2.261bn
Retail Sales for October,m/m
- expected is +0.1%,
- prior was +1.2%
–
AUD/USD performed relatively well ahead of the US session, gaining 50 or so points even as USD/JPY edged up …. but gave it (nearly) all back in subsequent hours.
Resistance showing 0.8410 then 0.8425 and … if you really must buy the AUD … some support at yesterday’s lows.
I’ll have the orderboard for it soon.
