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FxWirePro: AUD/USD eases slightly, but bias remains bullish

• AUD/USD eased slightly on Thursday as traders paused for fresh cues amid fast‑changing global trade headlines. •Trading whipsawed as the White House’s stance appeared to shift from hour to hour, and President Trump war…

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FxWirePro: AUD/USD eases slightly, but bias remains bullish
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• AUD/USD eased slightly on Thursday as traders paused for fresh cues amid fast‑changing global trade headlines.

•Trading whipsawed as the White House’s stance appeared to shift from hour to hour, and President Trump warned that tariff relief would only come if Beijing returned to the negotiating table.

• U.S. Treasury Secretary Scott Bessent said tariffs between the U.S. and China must be lowered before trade talks can resume, but Trump won’t unilaterally cut them.

• Australia’s data calendar has been quiet, yet Q1 consumer‑price figures due next week could be the swing factor for a May RBA easing.

• At GMT 05: 35, The Australian dollar  was last  trading down 0. 03% to $0.6358

•  Immediate resistance is located at 0.6441 (23.6%fib), any close above will push the pair towards 0.65284(Higher BB).

•  Support is seen at 0.6331(38.2%fib) and break below could take the pair towards 0.6247(50%fib).

 Recommendation: Good to buy around 0.6330 with stop loss of 0.6220 and target price of 0.6430

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