KQMarkets

AUDUSD - Short Admid Trade Tensions

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
We maintain our short view on AUDUSD despite the lack of price action in recent weeks as tensions over the coronavirus between Australia and China could impact the currency pair. China is by far the largest importer of Australian commodity exports and tariffs on Australian imports could lead to downward pressure on AUDUSD towards support at 0.645.

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