JinDao_Tai

AUD/USD Outlook (22 November 2021)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending downwards. Recently, AUD/USD rejected the resistance zone of 0.73000.

The Australian flash PMI data will be released tomorrow at 0600 (GMT+8).
  • Flash Manufacturing PMI (Forecast: NA, Previous: 58.2 revised from 57.3)
  • Flash Services PMI (Forecast: NA, Previous: 51.8 revised from 52.0)

AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.

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