JinDao_Tai

AUD/USD Outlook (31 July 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards.

Currently, AUD/USD is testing the resistance zone of 0.71800 and the next support zone is at 0.69800.
With the recent release of the poor U.S. GDP data, look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.71800.

Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.