JinDao_Tai

AUD/USD Outlook (08 November 2021)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is ranging across.

The NAB Business Confidence data (Forecast: NA, Previous: 13) will be released tomorrow at 0830 (GMT+8).

Currently, AUD/USD is testing to break above the key level if 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for short-term selling opportunities of AUD/USD if it fails to break above the key level of 0.74.

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