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      AUD/USD takes a breather after slump

      FXStreet (Córdoba) - The AUD/USD managed to pause losses at the beginning of the European session after falling nearly 100 pips on the back of dismal US employment data.

      The AUD/USD was heavily sold-off after data showed the Australian unemployment rate unexpectedly rose to 6.4% in July from 6.0% the previous month, hitting its highest level in 5 years. The Aussie came under pressure and broke below the 0.9300/0.9275 area, falling to a 2-month low of 0.9262 before finding interim support.

      AUD/USD levels to watch

      At time of writing, the AUD/USD is trading at the 0.9270 zone, recording a 0.92% loss on the day. As for technical levels, immediate supports are seen at 0.9251 (Jun 4 low), 0.9228 (Jun 3 low) and 0.9210 (May 29 low). On the flip side, resistances are seen at 0.9332 (100-day SMA), 0.9356 (Aug 7 high) and 0.9373 (Aug 6 high).

      EUR/USD durch Deutschland erneut unter Druck

      Der EUR/USD eröffnete den Tag bei 1,3381 und von hier aus ist er zur 1,3391 gestiegen, aber mit den schwachen deutschen Daten ging es hinunter zur 1,3370.
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      France Trade Balance EUR: €-5.4B (June) vs previous €-4.9B

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