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AUD/USD Outlook (11 May 2020)

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 upwards. Recently, AUD/USD moved higher into the resistance level of 0.65500.
The NAB Business Confidence data (Previous: -66) will be released tomorrow at 0930 (SGT).
Currently, AUD/USD is testing the resistance level of 0.65500 and the next support level is at 0.64200.
Look for buying opportunities of AUD/USD if breaks the resistance level of 0.65500.
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