AUDUSD gets hit on the back of China tariff rumblings - ConsultFX

AUDUSD gets hit on the back of China tariff rumblings

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.