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Feb 04 - 01:55 AM

AUD/USD - Slides As China Imposes Counter-Tariffs On US Goods

By Ewen Chew  —  Feb 04 - 12:24 AM

• AUD/USD slides to 0.6171, veers into bearish path; last 0.6180

• Tues close below 0.6186 engages Bollinger downtrend channel

• That will put it on track toward psych abrrier 0.6000

• China unleashes counter-tariffs on US goods

• Also launches anti-monopoly probe of Google

• Trump's 10% tariffs on China officially in effect
AUD:


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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