Overall, AUD/USD is ranging across. Recently, AUD/USD broke the support zone of 0.77900 due to the strengthening of USD after Federal Reserve Chairman Jerome Powell said in a speech that he expects inflation to rise in the near future but is insufficient to trigger a rate hike from the central bank.
Currently, AUD/USD is testing to break below the key level of 0.77. Its next support zone is at 0.76000 and the next resistance zone is at 0.77900.
Look for selling opportunities of AUD/USD if it breaks below the key level of 0.77.
Currently, AUD/USD is testing to break below the key level of 0.77. Its next support zone is at 0.76000 and the next resistance zone is at 0.77900.
Look for selling opportunities of AUD/USD if it breaks below the key level of 0.77.