The Aussie Dollar is under pressure as a trade deal falls apart

The Aussie is under pressure as concern increases that a trade deal may be falling apart. The US and China continue to dissagree on terms for a deal which is putting pressure on the AUDUSD so expect it to continue in the near term. Watching for a run lower into support around 0.6719 then potentially 0.6675 off a shoulder entry short.

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