JinDao_Tai

AUD/USD Outlook (30 June 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards. Recently, AUD/USD has been ranging across.

The Australian Building Approvals m/m data (Forecast: -6.0%, Previous: -1.8%) will be released tomorrow at 0930 (SGT).

AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.70000.
Look for short-term buying opportunities of AUD/USD up until the testification by Federal Reserve Chairman Jerome Powell tomorrow at 0030 (SGT).

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