AUD and NZD both posting 2-week lows as Chinese data continues to weigh

Both pairs have been on the back foot since the softer Chinese mftg data released earlier

AUDUSD found support into 0.7200 but has now broken lower to post 0.7194 while NZDUSD wiped its feet at 0.6760 before dipping again to post 0.6742

Currently 0.7198 and 0.6755 we can expect rallies to be sold into still if the current scenario continues to play out

Support/bids into 0.7180-85 and 0.6725 respectively

NZD traders will also have one eye on the latest GDT dairy auction tomorrow (Tues)