Overall, AUD/USD is ranging across.
The Australian GDP q/q data (Actual: 1.8%, Forecast: 1.1%, Previous: 3.2% revised from 3.1%) released yesterday indicated a slowdown in economic growth during the first quarter of 2021 from the previous quarter.
The Australian Retail Sales m/m data (Forecast: 1.1%, Previous: 1.1%) will be released later at 0930 (GMT+8).
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term selling opportunities of AUD/USD.
The Australian GDP q/q data (Actual: 1.8%, Forecast: 1.1%, Previous: 3.2% revised from 3.1%) released yesterday indicated a slowdown in economic growth during the first quarter of 2021 from the previous quarter.
The Australian Retail Sales m/m data (Forecast: 1.1%, Previous: 1.1%) will be released later at 0930 (GMT+8).
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term selling opportunities of AUD/USD.
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