Overall, AUD/USD is ranging across. Recently, AUD/USD broke above the key level of 0.74.
The NAB Business Confidence data (Actual: 21, Forecast: NA, Previous: 13) released earlier today indicated improved business conditions in Australia amid the ending of lockdowns in New South Wales and Victoria.
The Westpac Consumer Sentiment data (Forecast: NA, Previous: -1.5%) will be released tomorrow at 0730 (GMT+8).
Currently, AUD/USD is moving down towards the key level of 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for buying opportunities of AUD/USD if it bounces up from the key level of 0.74.
The NAB Business Confidence data (Actual: 21, Forecast: NA, Previous: 13) released earlier today indicated improved business conditions in Australia amid the ending of lockdowns in New South Wales and Victoria.
The Westpac Consumer Sentiment data (Forecast: NA, Previous: -1.5%) will be released tomorrow at 0730 (GMT+8).
Currently, AUD/USD is moving down towards the key level of 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for buying opportunities of AUD/USD if it bounces up from the key level of 0.74.