JinDao_Tai

AUD/USD Outlook (06 December 2021)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending downwards. Recently, AUD/USD broke the support zone of 0.71000.

Currently, AUD/USD is bouncing up from the key level of 0.70. Its next support zone is at 0.68200 and the next resistance zone is at 0.71000.
Look for short-term selling opportunities of AUD/USD only if it trades below the key level of 0.70.

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