JinDao_Tai

AUD/USD Outlook (18 December 2019)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is moving across. Recently, AUD/USD trended lower.
The Australian employment data will be released tomorrow at 0830 (SGT).
  • Employment Change (Forecast: 14.5K, Previous: -19.0K)
  • Unemployment Rate (Forecast: 5.3%, Previous: 5.3%)
If the released data is better than or as forecasted, the Australian dollar may strengthen.
AUD/USD’s next support level is at 0.67700 and the next resistance level is at 0.69200.
Look for buying opportunities of AUD/USD if the released data is positive.

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