AUD/USD opened +0.22% at 0.6682 after benefiting from calming markets

It idled between 0.6680/95 before China retail sales and IP were released nL1N35N04Z

It came in around expectations but it was enough to give the AUD/USD a boost

AUD/USD traded to 0.6711 before settling around 0.6705

Also helping was broad USD weakness and buoyant equity markets nL4N35N0HH

Resistance is at Monday's 0.6716 high and the 21-day MA at 0.6743

Bids are tipped 0.6630/40 with fibo support at 0.6547

AUD likely to benefit if systemic concerns ease and markets calm

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