AUD/USD Outlook (22 January 2020)

Overall, AUD/USD is moving across. Recently, AUD/USD moved lower into the support level of 0.68500.
The Australian employment data will be released tomorrow at 0830 (SGT).

• Employment Change (Forecast: 12.2K, Previous: 39.9K)
  
• Unemployment Rate (Forecast: 5.2%, Previous: 5.2%)
  

Currently, AUD/USD is testing the support level of 0.68500 and the next resistance level is at 0.70200.
If the released data are worse than forecasted, look for selling opportunities of AUD/USD after it breaks the support level of 0.68500.