Australian Dollar rebounded from the daily low

syamfx2020

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At the time writing AUD/USD trading above 0.69, the pair dropped to 0.6860 during the Asian session after US trade adviser Peter Navarro said that the trade deal with China has been terminated. The currency pair recovered later after the comments from US President Donald Trump tweeted “The China trade deal is fully intact. Hopefully, they will continue to live up to the terms of the agreement!”

Important levels to watch today:

Support: 0.6850 and 0.6800
Resistnce: 0.6940 and 0.6980
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