Overall, AUD/USD is ranging across. Recently, AUD/USD moved up into the resistance zone of 0.72200.
In the monetary policy meeting minutes earlier today, the Reserve Bank of Australia highlighted that there was no need for adjustments of the monetary policy at the moment as the current policy package is working “broadly as expected”.
Currently, AUD/USD is testing the resistance zone of 0.72200 and the next support zone is at 0.71000.
Look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.72200.
In the monetary policy meeting minutes earlier today, the Reserve Bank of Australia highlighted that there was no need for adjustments of the monetary policy at the moment as the current policy package is working “broadly as expected”.
Currently, AUD/USD is testing the resistance zone of 0.72200 and the next support zone is at 0.71000.
Look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.72200.