FXStreet (Guatemala) - Cristian Maggio, Head of Emerging Markets Strategy at TD Securities explained that China’s economic miracle is not over. See here for recent price action in AUD/USD Key Quotes: "It’s just transforming in order to build the foundations of a new growth paradigm that helps sustain growth for decades to come. Possible, but I struggle to see that far in the future. The real question is, what is the market going to do with China in the next 6-12 months? Will investors discount today a new better China in 5 or 10 years, or be carried away with the all the visible downsides of the adjustment? I would like to answer that the former is true, but I’m afraid that most in the market will continue to look at the latter." For more information, read our latest forex news.