Chinese data gets AUD going

Mon 23rd June (12.30 pm Singapore)

Strong Chinese PMI has got the AUD moving. Note the triangle break on the A/J. I would expect this to trigger a new TC signal off the 4hr chart but this will probably not be valid as the signal candle may end up closing outside the Bollinger band. A daily candle close and hold above the 96 level would be bullish though and may offer an alternative ‘long’ entry.


Note also the hold above the daily Ichimoku Cloud for the A/U:



GBP/AUD is still conforming to the wedge for now:



I am out for much of the day and will update later.