AUD/USD set to end a tightly-wound week near where it started

• The Aussie continues to trade flatly near familiar levels as markets await trade headlines.
• The US could consider lifting tariffs on China, but details remain thin.

AUD/USD heads into Friday nailed to the 0.7190 figure, bolstered at the tail end of Thursday's US session by trade war headlines, but ultimately remaining firmly entrenched in consolidation near the 0.7200 major level.

Headlines suggested that the US may be set to lift some tariffs on China, helping to prop up the Aussie briefly and sending the pair into 0.7220, but until action is seen on the trade war front AUD/USD is set to continue spinning in place for the foreseeable future.

Little of note remains on the economic docket for the Aussie, though traders will be getting set for next week's employment reports, far off on the horizon for next Thursday.

AUD/USD Technical Levels