By Robert Howard — Jan 24 - 03:57 AM
• AUD/USD climbs to 0.6330 on USD selling as Trump goes easy on China
• Trump said he would rather not use tariffs against China
• 0.6330 is highest level since Dec 18 (0.6339 was high that day)
• The 0.6300 former resistance level is now a support point
• Offers pre-0.63 capped Thursday gains after Trump's Fed cut demand hurt USD
• There are big 0.6300 option expiries today, Monday and Tuesday
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters