- Rekindling a trade relationship
- AUD/USD moving towards key level
Price Movement
Since yesterday, AUD/USD moved down by around 15pips before moving back up by around 45pips.
Trend
AUD/USD is trending downwards.
Important Issue
Yesterday, U.S. President Donald Trump tweeted that he “had a very good telephone conversation with President Xi of China” and “will be having an extended meeting next week at the G-20 in Japan”.
Technical
AUD/USD is moving towards the 0.69 key level.
Price Levels
Current Price: 0.68779
Next Resistance: 0.69100
Next Support: 0.68000