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AUD/USD Outlook (08 October 2020)

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Forex macro technical trend AUDUSD
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trendanalysis forex macro technical trend audusd
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced off the resistance zone of 0.71700.

The Reserve Bank of Australia will be releasing their financial stability review on the conditions in the Australian financial system tomorrow at 0830 (SGT).

AUD/USD’s next support zone is at 0.69800 and the next resistance zone is at 0.71700.
Look for selling opportunities of AUD/USD.
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