AUD/USD Technical Analysis: new US tariff threats kick the Aussie into a one-year low

• Aussie tumbles as risk flows pile into safe havens.
• AUD/USD loses ahead of RBA Meeting Minutes, breaks into a new one-year low.
• The US is stepping up tariff threats on China, shaking out markets for Tuesday.

AUD/USD Chart, 1-Hour

Spot rate:             0.7403
Relative change: -0.24%
High:                    0.7424
Low:                     0.7393

Trend:                  Bearish

Support 1:           0.7393 (current day low)
Support 2:           0.7328 (May 2017 technical bottom)
Support 3:           0.7192 (S3 1-week pivot)

Resistance 1:      0.7454 (current week high)
Resistance 2:      0.7501 (38.2% Fibo retracement level; major handle)
Resistance 3:      0.7568 (61,8% Fibo retracement level)