China data – Non-manufacturing PMI for November: 56.0 (vs. 56.3 prior)

China services PMI.

After the retails sales data earlier, AUD/USD spiked toward 0.9130 and was sold down quickly.

After this China data the AUD/USD spike down toward 0.9100 and was bought back quickly.

Lots of trader stop hunting going on ahead of the RBA meeting …

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