Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced up from the key level of 0.75.
The Australian Retail Sales m/m data (Actual: 7.0%, Forecast: 2.5%, Previous: 1.4%) released today indicated an increase in consumer spending driven by the large rise in sales in Victoria state due to the easing of COVID-19 restrictions.
AUD/USD’s next support zone is at 0.73900 and the next resistance zone is at 0.76800.
Look for short-term selling opportunities of AUD/USD.
The Australian Retail Sales m/m data (Actual: 7.0%, Forecast: 2.5%, Previous: 1.4%) released today indicated an increase in consumer spending driven by the large rise in sales in Victoria state due to the easing of COVID-19 restrictions.
AUD/USD’s next support zone is at 0.73900 and the next resistance zone is at 0.76800.
Look for short-term selling opportunities of AUD/USD.
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