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AUD/USD Outlook (7th June 2019)

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
  • Muted AUD/USD price movement

Price Movement
Since yesterday, AUD/USD moved up by around 30pips before moving back down by around 20pips.

Trend
Overall, AUD/USD is trending upwards.

Important Issue
None.

Technical
Currently, AUD/USD is slowly moving towards the 0.70 key level.

Price Levels
Current Price: 0.69750
Next Resistance: 0.70250
Next Support: 0.68800
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