JinDao_Tai

AUD/USD Outlook (13 July 2021)

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

The Australian NAB Business Confidence data (Forecast: NA, Previous: 20) will be released later at 0930 (GMT+8).

Currently, AUD/USD is testing the resistance zone of 0.75000 and the next support zone is at 0.73300.
Look for short-term buying opportunities of AUD/USD if it breaks the resistance zone of 0.75000.

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