• AUD/USD -0.1% Fri, trading subdued in wake of Thur's FX intervention

• USD/JPY now +1.7% from Thur 157.80 low, further action may yet be required

• CN Jul NBS manufacturing PMI slips to 49.2 (Reuters poll consensus 50.0)

• AU Q2 producer price index (PPI) +1.3% q/q, +3.6% y/y

• U.S. Q2 employment costs data due Fri, Reuters poll consensus +0.8% q/q

• AUD struggling clear 0.7025-35 resistance zone, overnight rally at risk

• Range Asia 0.7023-32 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Daily 55-DMA


JPY Hourly Bollinger Study & DXY Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)