JinDao_Tai

AUD/USD Outlook (29 September 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended into the key level of 0.71.

The Australian Building Approvals m/m data (Forecast: 0.1%, Previous: 12.0%) will be released tomorrow at 0930 (SGT).

AUD/USD’s next support zone is at 0.69800 and the next resistance zone is at 0.71700.
Look for short-term buying opportunities of AUD/USD.

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