- A solution to illegal immigrants?
- AUD/USD testing key level
Price Movement
Since yesterday AUD/USD moved down by around 25pips before moving back up by around 15pips.
Trend
Overall, AUD/USD is trending downwards.
Important Issue
This morning, President Donald Trump tweeted:
“On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied at which time the Tariffs will be removed.”
Technical
AUD/USD is testing the 0.69 key level.
Price Levels
Current Price: 0.69145
Next Resistance: 0.69573
Next Support: 0.68550