JinDao_Tai

AUD/USD Outlook (02 October 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended higher into the resistance zone of 0.71700.

Currently, AUD/USD is testing the resistance zone of 0.71700 and the next support zone is at 0.69800.
If AUD/USD breaks the resistance zone of 0.71700, look for short-term buying opportunities up until the release of the U.S. jobs report at 2030 (SGT).

Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.