JinDao_Tai

AUD/USD Outlook (14 July 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced off the resistance zone of 0.69800.

The Australian NAB Business Confidence data (Actual: 1, Forecast: NA, Previous: -20) released earlier today indicated an improvement in business conditions and confidence.

The Australian Westpac Consumer Sentiment data (Forecast: NA, Previous: 6.3%) will be released tomorrow at 0830 (SGT).

AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.69800.
Look for selling opportunities of AUD/USD.

Free trading community: discord.gg/b7X35tDD4T

Trading Course in Dubai www.jindaotai.com/apt-june
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.