Overall, AUD/USD is trending downwards. Recently, AUD/USD traded into the support zone of 0.71000
The Australian flash PMI data will be released tomorrow at 0600 (GMT+8).
Reserve Bank of Australia Governor Lowe will be speaking tomorrow at 0730 (GMT+8). During this time, there may be volatility in AUD.
Also, the Australian employment data will be released tomorrow at 0830 (GMT+8).
Currently, AUD/USD is testing the support zone of 0.71000 and the next resistance zone is at 0.73000.
If AUD/USD broke the support zone, look for short-term selling opportunities of AUD/USD up until the release of the U.S. FOMC monetary policy decision tomorrow at 0300 (GMT+8).
The Australian flash PMI data will be released tomorrow at 0600 (GMT+8).
- Flash Manufacturing PMI (Forecast: NA, Previous: 59.2 revised from 58.5)
- Flash Services PMI (Forecast: NA, Previous: 55.7 revised from 55.0)
Reserve Bank of Australia Governor Lowe will be speaking tomorrow at 0730 (GMT+8). During this time, there may be volatility in AUD.
Also, the Australian employment data will be released tomorrow at 0830 (GMT+8).
- Employment Change (Forecast: 200.0K, Previous: -46.3K)
- Unemployment Rate (Forecast: 5.0%, Previous: 5.2%)
Currently, AUD/USD is testing the support zone of 0.71000 and the next resistance zone is at 0.73000.
If AUD/USD broke the support zone, look for short-term selling opportunities of AUD/USD up until the release of the U.S. FOMC monetary policy decision tomorrow at 0300 (GMT+8).
Free trading community: discord.gg/kPDXU2ZaDt