AUD crosses have reacted with nothing more...>

AUSSIE: AUD crosses have reacted with nothing more than negligible upticks to

the latest batch of Aussie data, noted ahead of a disappointing Caixin services

PMI print out of China. Worth highlighting that reaction moves were no bigger

than a handful of pips.

- Australian trade surplus was wider than expected, underpinned by advances in

both exports and imports. Meanwhile, building approvals also topped forecasts,

both on a Y/Y and M/M basis.

- AUD/USD last deals at $0.6989, 5 pips worse off, with a familiar technical

picture still in play.

- AUD/NZD sits at NZ$1.0467, 14 pips lower on the day. Bears look to the

trendline support at NZ$1.0430, which limited losses yesterday. Below opens the

the NZ$1.0400 mark & the Fool's Day low of NZ$1.0399. Bulls eye the 100-DMA at

NZ$1.0506.

- AUD/JPY has shed 26 pips and last trades at Y75.20. Initial support noted at

the psychological Y75.00 level, as well as the Jun 3 low & Jun14 high, both

located at Y74.97. Bulls look to the 50% retracement of its YtD range at Y75.68.