AUD/USD chart on Trading View used for analysis
- AUD/USD is trading 0.29% higher on the day at 0.7136 at the time of writing.
- The antipodeans have found support in early Asia amid risk-on action seen in stocks.
- Positive news related to the US-China trade war alongside China's announcement of more stimulus measures coming from the banking sector add support.
- As both economies resume talks today in Beijing, news flows as how the trade-talks develop will influence price action.
- Major trend in the pair remains bearish, but upside momentum on daily charts may see minor gains.
- Price action has broken above 21-EMA and is on track to test next major resistance at 55-EMA at 0.7164.
Support levels - 0.7112 (21-EMA), 0.7056 (5-DMA)
Resistance levels - 0.7164 (55-EMA), 0.7189 (4H 200-SMA)
Recommendation: Good to stay long on dips, SL: 0.71, TP: 0.7165/ 0.7185


FxWirePro- Woodies pivot (Major)
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



