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AUD/USD Outlook (08 October 2021)

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Forex macro technical trend AUDUSD Contains image
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trendanalysis forex macro technical trend audusd containsimage
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended into the resistance zone of 0.73300.

Currently, AUD/USD is testing the resistance zone of 0.73300 and its next support zone is at 0.72200.
If AUD/USD bounces off the resistance zone of 0.73300, look for short-term selling opportunities up until the release of the U.S. Non-Farm Payroll jobs report later at 2030 (GMT+8).
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