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• The AUD/USD fell on Tuesday as the dollar strengthened, driven by investors reacting to abrupt shifts in U.S. trade policy.
• This week, investors are focused on a series of U.S. jobs data, including job openings later today, the ADP employment report on Wednesday, and the payrolls report on Friday.
• Investors in Australia are looking ahead to the December trade figures, set for release on Thursday, to gauge the strength of the country's export-driven economy.
• At GMT 05:56, The Australian dollar was last trading down 0.59% to $0.6189.
• Immediate resistance is located at 0.6248(50%fib), any close above will push the pair towards 0.6321(61.8%fib).
• Support is seen at 0.6178(38.2%fib) and break below could take the pair towards 0.6092 (23.6%fib)
Recommendation: Good to sell around 0.6230, with stop loss of 0.6320, and target price of 0.6150
