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AUD/USD Outlook (24 March 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 downwards. Recently, AUD/USD moved higher, breaking the resistance level of 0.58800.
G7 meetings will be held today in discussion of the economic impact of the coronavirus pandemic. During this time, volatility is expected.
AUD/USD’s next support level is at 0.58800 and the next resistance level is at 0.60700.
Stay out of AUD/USD for now.
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