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AUD/USD Outlook (07 April 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 after the Reserve Bank of Australia held interest rate unchanged at 0.25%. No new easing measure was announced.
Currently, AUD/USD is moving towards the resistance level of 0.61800 and the next support level is at 0.59000.
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