The Aussie is holding on the bullish side, but key resistance is building at 0.75. China data today to drive the AUD, though traders will be looking towards China’s trade figures on Friday. The AUD/USD is trading near 0.7460 heading through the overnight session after lifting to a high of 0.7483 on Monday. The Aussie appears to be running into resistance from the 0.7500 key level, though the pair’s bullish stance leaves it marking out new swing highs after recovering from early July’s technical bottom at 0.7310. Tuesday sees the National Australia Bank’s (NAB) Business Confidence and Business Conditions survey results at 01:30 GMT, with confidence forecast at 8 compared to the previous reading of 6, while conditions results are expected to come in at 18 compared to the last of 15. The key data for early Tuesday will be Chinese CPI and PPI figures for June, also due at 01:30 GMT and y/y CPI figures are expected to tick up from 1.8% to 1.9%, while the y/y PPI is anticipated to rise from 4.1% to 4.5%. The Aussie is bumping higher for this week  as the US Dollar continues to maintain a softening stance across the broader markets as bulls take a breather, while the AUD is experiencing a bolstering from rising copper prices, which are lifting from recent bottoms as the Greenback recedes. AUD/USD levels to watch The Aussie’s upside move appears set to claim further ground, as FXStreet’s own Valeria Bednarik noted: “the 4 hours chart for the pair shows that it found some intraday sellers around its 200 SMA, but also that it’s holding above a bullish 20 SMA which advances above the 100 SMA, suggesting that buyers are still strong. In the same chart, technical indicators have barely retreated from overbought readings before losing their downward slopes, also indicating that the upside remains favored.” Support levels: 0.7445 0.7400 0.7370 Resistance levels: 0.7490 0.7530 0.7565 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China and Germany swear on free trade as they sign deals – Reuters FX Street 4 years The Aussie is holding on the bullish side, but key resistance is building at 0.75. China data today to drive the AUD, though traders will be looking towards China's trade figures on Friday. The AUD/USD is trading near 0.7460 heading through the overnight session after lifting to a high of 0.7483 on Monday. The Aussie appears to be running into resistance from the 0.7500 key level, though the pair's bullish stance leaves it marking out new swing highs after recovering from early July's technical bottom at 0.7310. Tuesday sees the National Australia Bank's (NAB) Business Confidence and Business Conditions survey… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.