AUD/USD fails to rally despite strong recovery in risk sentiment; S&P +1.99%

Rally attempts stifled by concerns on China economic slowing; CNH down 0.8%

China Premier Li Keqiang's sombre message on economy sours mood nL2N2XH0TT

Signs of a slowing U.S. economy, falling inflation expectations limit drop

Scaled back bets on aggressive Fed interest rate hikes underpin

Australia retail sales, U.S. core PCE & Michigan consumer sentiment Fri eyed

Support 0.7055-60, 0.7035-40, resistance 0.7115-25, 0.7155-60

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