• AUD/USD edged higher on Monday but gain were limited on concerns over U.S. President Donald Trump's tariff plans.
• Trump confirmed that tariffs on Canadian and Mexican imports are on time and on schedule despite efforts to strengthen border security and stop fentanyl flow, ahead of the March 4 deadline.
• Australia's January CPI release on Wednesday will shape Reserve Bank of Australia policy expectations further, after its cautious rate cut last week.
•Australia's quarterly capital expenditure (capex) report on Thursday will shed light on business investment in the country
• At GMT 05:54 The Australian dollar was last trading up 0.09% to $0.6376.
• Immediate resistance is located at 0.6408(38.2%fib), any close above will push the pair towards 0.6439(Higher BB).
• Support is seen at 0.6317 (50%fib) and break below could take the pair towards 0.6256(Feb 13th low)
Recommendation: Good to buy around 0.6350, with stop loss of 0.6300, and target price of 0.6400
