Price Movement Since yesterday, AUD/USD had moved up by around 90pips.
Trend Currently, AUD/USD is trending upwards.
Important Issue This morning at around 0033 (SGT), Trump mentioned in an interview that “We're not talking about removing tariffs, we're talking about leaving them for a substantial period of time, because we have to make sure that if we do the deal with China that China lives by the deal”.
Technical This morning, AUD/USD broke the 0.71 key level. It is currently heading towards the resistance level of 0.71800.
Price Levels Current Price: 0.71626 Next Resistance: 0.71800 Next Support: 0.70185