TradingView
JinDao_Tai
Apr 22, 2020 3:48 AM

AUD/USD Outlook (22 April 2020) 

Australian Dollar/U.S. DollarFXCM

Description

Overall, AUD/USD is trending upwards. Recently, AUD/USD moved lower, breaking below the key level of 0.63.
The Australian flash PMI data will be released tomorrow at 0700 (SGT).
  • Flash Manufacturing PMI (Forecast: TBA, Previous: 49.7 revised from 50.1)
  • Flash Services PMI (Forecast: TBA, Previous: 38.5 revised from 39.8)

Currently, AUD/USD is testing to break above the key level of 0.63. Its next support level is at 0.61800 and the next resistance level is at 0.64200.
Comments
GoldCartel
Here's my view on AUD/USD

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