JinDao_Tai

AUD/USD Outlook (03 September 2021)

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

The Australian Retail Sales m/m data (Forecast: -1.9%, Previous: -2.7%) will be released later at 0930 (GMT+8).

Currently, AUD/USD is testing to break above the key level of 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
If AUD/USD breaks above the key level of 0.74, look for short-term buying opportunities up until the release of the U.S. jobs data later at 2030 (GMT+8).

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