AUDUSD currency pair to move higher in the Asian session Monday morning supported by the results of China's economic data releases optimistic. The first-quarter GDP data (Q1) of China grew 6.9% from the previous 6.8%, which also figure expected by analysts. Other data that industrial production data also grows yearly period rose 7.6% from the previous 6.3% and the data of fixed asset investment rose 9.2% from 8.9%.
Chinese economic data releases were positive support for the AUDUSD to move positively on this day. But in the financial markets in Australia were closed for the Easter holiday (Easter Monday).
Technically AUDUSD on the daily chart (D1), candle MA36 underlined prices are stuck at the level of 0.7590 the nearest resistance. If it passes this level will be rising up break above 0.7600. but if it fails to be a correction kelevel 0.7564.ADX indicator shows the + DI line (which is a bullish force) already cross the -DI line.
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