• AUD/USD steadied on Tuesday as Australian dollar was helped by a rebound in global risk appetite and higher commodity prices
• Australian Prime Minister Anthony Albanesesaid Trump agreed to consider exempting Australia from steel and aluminium tariffs after a constructive call.
•On the data front, February's Australian consumer sentiment remained low, reassuring the Reserve Bank that consumers aren't spending aggressively to drive inflation..
• At GMT 05:34, The Australian dollar was last trading up 0.02% to $0.6273.
• Immediate resistance is located at 0.6302(50%fib), any close above will push the pair towards 0.6323(Higher BB).
• Support is seen at 0.6228 (38.2%fib) and break below could take the pair towards 0.6187 (Lower BB)
Recommendation: Good to sell around 0.6290, with stop loss of 0.6360, and target price of 0.6220
