The pair had a quiet start to the session today, after it opened at $0.9092 and drifted lower in early dealings as yen crosses also retreated. Aussie-dollar briefly pushed through $0.9100, the high traded on Friday, to hit a $0.9111 high before pulling back to around $0.9080 in the next few hours of the session. Slight improvement in risk appetite at the start of the Japanese session kept aussie-dollar supported off $0.9078 and it was edging back up toward $0.9090 when the HSBC China flash PMI was released. The disappointing reading slammed aussie down to a $0.9049 low within minutes before the rate then slowly retraced its move back up. The pair was last at $0.9087, not very muchchanged from where it had ended last Friday in the US. Immediate resistance is now eyed at $0.9135/40 ($0.9136/38 highs last Tues/Wed), with offers seen above that from around $0.9150.
