AUD/USD: The Australian dollar rallied to an 8-week peak after data showed China’s economy grew at 6.4 percent in the March quarter, beating market’s prediction of a slowdown to 6.3 percent. The bid tone was also supported by a separate report that showed China’s industrial output grew at the fastest pace since July 2014 as factories ramped up output in anticipation of more business amid government support measures. The Aussie trades 0.3 percent up at 0.7191, having hit a high of 0.7205 earlier; it’s highest since Feb. 21. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate support is seen at 0.7138 (10-DMA), a break below targets 0.7070 (Mar. 29 Low). On the upside, resistance is located at 0.7235 (Jan. 11 High), a break above could take it near 0.7284 (Feb. 1 High).