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Jan 14 - 09:48 PM
AUD/USD - Soft Tone As Trade Deal Scrutiny Weighs
First appeared on eFXplus on Jan 14 - 07:35 PM
  • AUD/USD traded as low at 0.6891 on Mnuchin comments on tariffs remaining nL1N29J1WQ

  • S&P futures down 0.20%, as excitement over pending trade deal starts to wane

  • AUD/USD vulnerable in a 'buy the rumour/sell the fact' scenario nL4N29I485

  • Support at yesterday's 0.6885 low and triple-bottom around 0.6850

  • Resistance at the 10-day MA at 0.6907 and break eases downward pressure

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