AUD/USD hung up on 0.7200, bulls see little reason to push for more

• 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