"AUD\\\/USD was trading largely rangebound on the day at 0.6901 at around 04:15 GMT.\\r\\n\\r\\nThe major was struggling to extend previous session's gains after mixed economic data from Australia and China failed to impress.\\r\\n\\r\\nData released earlier today showed Aussie Building Permits suffered a bigger-than-expected decline in May, while China's Caixin PMI for June bettered estimates by a notable margin.\\r\\n\\r\\nBuilding Permits in Australia fell by 16.4% month-on-month in May compared to forecasts for a 10% decline, having dropped by 1.8% in April.\\r\\n\\r\\nChina\\u2019s Caixin PMI rose to 51.2 in June, beating expectations for 50.5 and up from May\\u2019s print of 50.7.\\r\\n\\r\\nFurther, upbeat comments from the People\\u2019s Bank of China (PBOC) to boost sentiment. The central bank said that China's economy gradually recovering, as the overall demand improves from a low level.\\r\\n\\r\\nTechnical bias for the pair supports upside. Major trend is bullish as evidenced by GMMA indicator.\\r\\n\\r\\nPrice action holds above 21-EMA support, weakness only on break below. Momentum is bullish. Bounce off 21-EMA will see upside resumption.\\r\\n\\r\\n<strong>Major Support<\\\/strong> - 0.6852 (21-EMA)\\r\\n\\r\\n<strong>Major Resistance<\\\/strong> - 0.6932 (110W EMA)"