The Forex Koala commented on The Forex Koala's blog post AUD/USD and China

This week was a disappointment for many hoping for a long bull for the AUD/USD. While it was expected as I mentioned in my previous AUD/USD forecast due to the strong support, one must not presume it would last.

China being Australia's largest trading partner struck again as it announces that a growth of 6.5% is fine. Traders saw this as a subtle hint of lowering growth forecast. The AUD/USD dipped back to previous week levels on this.

Source: http://www.forexstreet.net/xn/detail/3252082%3AComment%3A550579?xg_source=activity

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