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AUD/USD Outlook (8 November 2019)

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 has been trending upwards. Recently, AUD/USD tested and failed to break the key level of 0.69.
Currently, AUD/USD is testing the support level of 0.68800 and the next resistance level is at 0.70500.
As AUD/USD is ranging across and testing the support level at the moment, wait for the support level to be broken before looking for selling opportunities.
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