Overall, AUD/USD is trending downwards.
The Australian Retail Sales m/m data (Actual: -0.8%, Forecast: -1.1%, Previous: 0.4% revised from -1.1%) released earlier today indicated a decline in consumer spending in February.
Australian banks will be closed tomorrow in observance of Good Friday. Expect lower trading volatility and volume during the usual Australian market hours.
Currently, AUD/USD is testing the support zone of 0.76000 and the next resistance zone is at 0.78000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.76000.
The Australian Retail Sales m/m data (Actual: -0.8%, Forecast: -1.1%, Previous: 0.4% revised from -1.1%) released earlier today indicated a decline in consumer spending in February.
Australian banks will be closed tomorrow in observance of Good Friday. Expect lower trading volatility and volume during the usual Australian market hours.
Currently, AUD/USD is testing the support zone of 0.76000 and the next resistance zone is at 0.78000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.76000.