# AUD/USD Forecast Oct. 30 - Nov. 3 2017 - Forex Crunch

> The Australian dollar came under pressure after Q3 inflation rose only 0.6% quarter-on-quarter, pushing AUD/USD to three-month lows. The week ahead includes Australian housing, credit, trade and retail data, plus Chinese manufacturing PMI. Technical support and resistance levels for AUD/USD are also outlined.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/68701-aud-usd-forecast-oct-30-nov-3-2017-forex-crunch
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency moves set on inflation and rate expectations have limited direct impact on feed commodity prices, though China's manufacturing data bears on Australian commodity demand.

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2017/10/27/audusd-forecast-oct-30-nov-3-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.