JinDao_Tai

AUD/USD Outlook (30 March 2021)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending downwards.

Yesterday, Greater Brisbane in Australia started a three-day lockdown after 10 new COVID-19 cases were recorded.

The Australian Building Approvals m/m data (Forecast: 2.9%, Previous: -19.4%) will be released tomorrow at 0830 (SGT).

AUD/USD’s support zone is at 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.

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