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AUD/USD Outlook (21 April 2021)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is ranging across. Recently, AUD/USD rejected the resistance zone of 0.78000.

The Australian Retail Sales m/m data (Actual: 1.4%, Forecast: 1.0%, Previous: -0.8%) released earlier today indicated a higher-than-expected increase in consumer spending.

AUD/USD’s next support zone is at 0.75500 and its next resistance zone is at 0.78000.
Look for buying opportunities of AUD/USD.

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