Get started
JinDao_Tai

AUD/USD Outlook (10 May 2021)

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Forex macro technical trend AUDUSD
3
0
trendanalysis forex macro technical trend audusd
Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the resistance zone of 0.78000.

The Australian Retail Sales m/m data (Forecast: TBA, Previous: 1.4%) will be released later at 0930 (SGT).

AUD/USD’s next support zone is at 0.78000 and the next resistance zone is at 0.80000.
Look for buying opportunities of AUD/USD.
Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.