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FxWirePro- Major Pair levels and bias summary 
• AUD/USD rose higher on Tuesday as optimism over easing U.S.-China trade tensions lifted risk sensitive Australian dollar.
• Washington and Beijing agreed on Monday to cut tariffs for 90 days, triggering a global market rally.
• Easing U.S.-China trade tensions have led traders to scale back expectations of sharp rate cuts, with Australia’s year-end rate now seen at 3.25%, up from 2.85% two weeks ago..
•On the data front, Australian business activity remained weak in April amid lower profits and investment hesitancy due to tariff uncertainties, while consumer sentiment saw a partial recovery in May.
• At GMT 05:00, the dollar was up 0.64% to 0.6414 against the New Zealand dollar.
• Immediate resistance is located at 0.6433(38.2%fib), any close above will push the pair towards 0.6491(Higher BB).
• Support is seen at 0.6357(38.2%fib) and break below could take the pair towards 0.6322(Lower BB).
Recommendation: Good to buy around 0.6400 with stop loss of 0.6360 and target price of 0.6500
