AUD/USD chart - Trading View
AUD/USD was trading largely muted at 0.6789 at 04:35 GMT, bias remains bullish.
Aussie dampened slightly after data showed China's Trade Surplus widened in September on big drop in Imports.
China’s Trade Surplus in Yuan (CNY) terms expanded to CNY 280 billion in Sept from 239.6 billion flashed in August.
Further details showed Exports declining -0.7% versus +2.6% prior while Imports plunging -6.2% against -2.6% earlier.
Overall sentiment remains upbeat regarding the US-China trade deal. Markets await fresh clues for further impetus.
Technical studies are bullish. The pair is holding break above 21-EMA. Upside currently pauses at 55-EMA. Break above to fuel more gains.
Next hurdle on the upside lies at 110-EMA at 0.6867, while 21-EMA is strong support on the downside at 0.6767.
Recommendation: Stay long on break above 55-EMA, SL: 0.6765, TP: 0.6865/ 0.6975/ 0.7015.


FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



