Pair tests support area
The AUDUSD is getting hit on the back of the rumblings that Pres. Trump is wanting to enact the $200B of tariffs on China.
The price has moved to new session lows and tests the 200 hour MA and 50% retracement at the 0.7156 and the 100 hour at 0.71484.
A move below is more bearish.
The NZDUSD has also moved lower and test it’s 200 hour MA at 0.65533. The 100 hour MA is at 0.6543.