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AUD/USD Outlook (05 February 2021)

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Forex macro technical trend AUDUSD
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trendanalysis forex macro technical trend audusd
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended into the support zone of 0.76000.

Currently, AUD/USD is testing the support zone of 0.76000 and the next resistance zone is at 0.77900.
If AUD/USD breaks the support zone of 0.76000, look for short-term selling opportunities of AUD/USD up until the release of the U.S. jobs report later at 2130 (SGT).
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