JinDao_Tai

AUD/USD Outlook (26 October 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is ranging across.

Yesterday, Australia’s Victoria state delayed an announcement on the easing of COVID-19 lockdown measures due to an outbreak in Melbourne. Victoria state premier Daniel Andrews said that he will wait for the test results before making any further announcement on easing lockdown measures.

AUD/USD’s next support zone is at 0.70400 and the next resistance zone is at 0.72200.
Look for selling opportunities of AUD/USD.

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