JinDao_Tai

AUD/USD Outlook (23rd January 2019)

FX:AUDUSD   Australian Dollar / U.S. Dollar
  • AUD/USD at support level
  • World Economic Forum annual meetings

Price Movement
Since yesterday, AUD/USD has been moving within a 30pips range.

Trend
AUD/USD is on an uptrend.

Macro Background
None.

Important Issue
The first day of the World Economic Forum annual meeting will start today. Comments made by highly influential figures may cause market volatility.

Technical
AUD/USD is currently hovering around the support level of 0.71339.

Price Levels
Current Price: 0.71340
Next Resistance: 0.72088
Next Support: 0.71362

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