JinDao_Tai

AUD/USD Outlook (05 November 2021)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the support zone of 0.75000.

Currently, AUD/USD is testing to break below the key level if 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
If AUD/USD breaks below the key level of 0.74, look for short-term selling opportunities of AUD/USD up until the release of the U.S. Non-Farm Payroll data at 2030 (GMT+8).

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