AUD/USD Technical Analysis: new US tariff threats kick the Aussie into a one-year low
|- Aussie tumbles as risk flows pile into safe havens.
- AUD/USD loses ahead of RBA Meeting Minutes, breaks into a new one-year low.
- The US is stepping up tariff threats on China, shaking out markets for Tuesday.
Spot rate: 0.7403
Relative change: -0.24%
High: 0.7424
Low: 0.7393
Trend: Bearish
Support 1: 0.7393 (current day low)
Support 2: 0.7328 (May 2017 technical bottom)
Support 3: 0.7192 (S3 1-week pivot)
Resistance 1: 0.7454 (current week high)
Resistance 2: 0.7501 (38.2% Fibo retracement level; major handle)
Resistance 3: 0.7568 (61,8% Fibo retracement level)
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