Overall, AUD/USD is trending upwards. Recently, AUD/USD has been ranging across below the key level of 0.73.
The Australian Westpac Consumer Sentiment data (Actual: 2.5%, Forecast: NA, Previous: 11.9%) released earlier today indicated a sharp decline in the confidence of consumers on the Australian economy.
AUD/USD’s next support zone is at 0.72200 and the next resistance zone is at 0.73900.
Look for buying opportunities of AUD/USD if it breaks above the key level of 0.73.
The Australian Westpac Consumer Sentiment data (Actual: 2.5%, Forecast: NA, Previous: 11.9%) released earlier today indicated a sharp decline in the confidence of consumers on the Australian economy.
AUD/USD’s next support zone is at 0.72200 and the next resistance zone is at 0.73900.
Look for buying opportunities of AUD/USD if it breaks above the key level of 0.73.