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  • With a thin data docket on the offering this week, the Aussie remains fully exposed to broad-market flows.
  • All eyes and ears are going to be on the Trump-Xi meeting at G20 as investors brace for fallout.

The AUD/USD pairing remains trapped near 0.7200, finding little reason to move in early Tuesday action as the pair sticks to the early week’s close cycles around familiar levels.

This week’s economic calendar has been a clear showing for the Aussie, and will continue to do so for the rest of the week, although upcoming US data promises plenty of volatility on the Greenback side of the AUD/USD, with a speech from the US Federal Reserve’s Chairman Jerome Powell on Wednesday alongside a fresh round of quarterly GDP figures,  followed by the last FOMC Meeting Minutes on Thursday, and Friday.

Trade war rhetoric continues to take pride-of-place among concerns for the majority of Asia-Pacific investors, and the early sessions can expect to continue seeing restrained action in the run-up to the Trump-Xi sideline meeting during the G20 summit, which takes place beginning November 30th.

AUD/USD Technical levels

AUD/USD

Overview:
       Today Last Price:  0.7227
       Today Daily change:  -1.0  pips
       Today Daily change %:  -0.0138%
       Today Daily Open:  0.7228
Trends:
       Previous Daily SMA20:  0.7232
       Previous Daily SMA50:  0.7179
       Previous Daily SMA100:  0.7245
       Previous Daily SMA200:  0.7432
Levels:
       Previous Daily High:  0.727
       Previous Daily Low:  0.7199
       Previous Weekly High:  0.7327
       Previous Weekly Low:  0.7202
       Previous Monthly High:  0.724
       Previous Monthly Low:  0.702
       Previous Daily Fibonacci 38.2%:  0.7226
       Previous Daily Fibonacci 61.8%:  0.7243
       Previous Daily Pivot Point S1:  0.7195
       Previous Daily Pivot Point S2:  0.7162
       Previous Daily Pivot Point S3:  0.7124
       Previous Daily Pivot Point R1:  0.7266
       Previous Daily Pivot Point R2:  0.7303
       Previous Daily Pivot Point R3:  0.7336