FxWirePro:AUD/USD holds steady amid trade tensions

• AUD/USD steadied on Friday as investors assessed uncertainties surrounding US President Donald Trump’s tariff plans.

• In the latest of many tariff threats, U.S. President Donald Trump stated on Thursday that he would impose a 200% duty on European wine and spirits unless the EU removes retaliatory surcharges on American whiskey and other products set to take effect next month.

• Next week, central bank meetings, including the U.S. Federal Reserve, will be closely watched as investors look for guidance on interest rates amid uncertainty over Trump's trade policies and their effects on U.S. growth and inflation..

• At GMT 05:47, The Australian dollar  was last  trading up 0.16% to $0.6293.

•  Immediate resistance is located at 0.6305(50%fib), any close above will push the pair towards 0.6362(61.8%fib).

•  Support is seen at 0.6250 (38.2%fib) and break below could take the pair towards 0.6215(Lower BB).

 Recommendation: Good to buy around 0.6280, with stop loss of 0.6200 and target price of 0.6320