• AUD/USD eased slightly on Thursday as investors focus turned to US payroll and next week’s inflation data.
• U.S. President Trump and China's President Xi Jinping are set to discuss trade, raising hopes that tensions could ease and tariffs might be reversed.
• On the data front, Australia's trade surplus sharply narrowed in December, as a surge in imports of capital equipment outpaced gains in iron ore exports, according to data released on Thursday.
• Australia's trade surplus narrowed to A$5.1 billion in December, down from A$6.8 billion in November and below the A$7.0 billion forecast.
• Immediate resistance is located at 0.6294(50%fib), any close above will push the pair towards 0.6317(50%fib).
• Support is seen at 0.6206 (38.2%fib) and break below could take the pair towards 0.6102 (23.6%fib)
Recommendation: Good to sell around 0.6280, with stop loss of 0.6360, and target price of 0.6220


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