Overall, AUD/USD is trending downwards. Recently, AUD/USD weakened after the release of the stellar U.S. Non-Farm Payroll jobs report last Friday.
In the released quarterly monetary policy statement last Friday, the Reserve Bank of Australia revised their economic projections positively.
Currently, AUD/USD is testing the support zone of 0.73300 and the next resistance zone is at 0.75000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.73300.
In the released quarterly monetary policy statement last Friday, the Reserve Bank of Australia revised their economic projections positively.
Currently, AUD/USD is testing the support zone of 0.73300 and the next resistance zone is at 0.75000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.73300.
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