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AUD/USD Outlook (15 June 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards. Recently, AUD/USD tested and failed to break above the key level of 0.69.

The Reserve Bank of Australia will be releasing the minutes for June’s monetary policy meeting tomorrow at 0930 (SGT).

Currently, AUD/USD is testing the support zone of 0.68200 and the next resistance zone is at 0.70000.
Look for buying opportunities of AUD/USD if it rejects the support zone of 0.68200.

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