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AUD/USD Outlook (06 May 2021)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards.

The Reserve Bank of Australia (RBA) will be releasing its monetary policy statement tomorrow at 0930 (SGT).

AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for buying opportunities of AUD/USD.

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