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JinDao_Tai
Oct 8, 2021 12:12 AM

AUD/USD Outlook (08 October 2021) Short

Australian Dollar/U.S. DollarFXCM

Description

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).
Comments
jgrh29
similar idea, it has retested a crucial area.
sell.
Alphamoney870
i also agree that a sell order would be applicable here
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