FXWirePro:AUD/USD steady as traders assess tariff impact and RBA rate cut expectations

• AUD/USD steadied on Friday  as traders assessed the potential impact of Washington's reciprocal tariffs which will not be immediately implemented

• The delay sparked optimism that there might still be an opportunity for countries to negotiate..

• A White House official said that while the tariffs won't be immediate, they could be imposed within weeks as Trump's team reviews trade and tariff relationships.

•Markets are confident the Reserve Bank of Australia will lower interest rates by a quarter-point to 4.10% next week, but policymakers will remain cautious about future easing.

•  At GMT 05:57, The Australian dollar  was last  trading up 0.02% to $0.6318. 

•  Immediate resistance is located at 0.6326(50%fib), any close above will push the pair towards 0.6352(Higher BB).

•  Support is seen at 0.6233 (38.2%fib) and break below could take the pair towards 0.6192 (Lower BB)

Recommendation: Good to buy around 0.6310, with stop loss of 0.6250, and target price of 0.6400