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AUD/USD Outlook (17 December 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.

The Australian employment data released earlier today indicated a decline in the number of jobs added into the economy while unemployment rate has declined.
  • Employment Change (Actual: 90.0K, Forecast: 40.9K, Previous: 180.4K revised from 178.8K)
  • Unemployment Rate (Actual: 6.8%, Forecast: 7.0%, Previous: 7.0%)
AUD/USD’s next support zone is at 0.73900 and the next resistance zone is at 0.76800.
Look for buying opportunities of AUD/USD.
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