Jin_LCMSTraders

AUD/USD Outlook (28 July 2020)

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

The Australian CPI q/q data (Forecast: -2.0%, Previous: 0.3%) will be released tomorrow at 0930 ( SGT ).

Currently, AUD/USD is testing the resistance zone of 0.71800 and the next support zone is at 0.69800.
Look for short-term buying opportunities of AUD/USD if it breaks the resistance zone of 0.71800.
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