Overall, AUD/USD is ranging across. Recently, AUD/USD moved down into the support zone of 0.71700.
Earlier today, it was reported that China has banned the imports of Australian thermal and coking coal indefinitely as trade tensions heightened between the two countries.
Currently, AUD/USD is testing the support zone of 0.71700 and the next resistance zone is at 0.73800.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.71700.
Earlier today, it was reported that China has banned the imports of Australian thermal and coking coal indefinitely as trade tensions heightened between the two countries.
Currently, AUD/USD is testing the support zone of 0.71700 and the next resistance zone is at 0.73800.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.71700.