The AUDUSD was the star of the day.  The cross started things of in Asian with disappointing employment, that combined with other negative data out of Asia over the past week produced a risk of cascade through European and North American trading.  The pair broke below trend line support at 1.0220 and then daily support at 1.0160 to ultimately test the 1.01 level.  Heading into Asian trading this evening China GDP, Retail  Sales and Industrial Production is due.  These reports will dictate the price action in this pair in the short-term.  Resistance begins at 1.0160.

Sup       1.01                     1.00

Res       1.0160

Plan:  Any pullback towards 1.0160 could find sellers.

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