AUD/USD Outlook (23 April 2021)
Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced up from the key level of 0.77.
The Australian flash PMI data released earlier today indicated an increase in the pace of expansion in business activities this month.
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term buying opportunities of AUD/USD.
The Australian flash PMI data released earlier today indicated an increase in the pace of expansion in business activities this month.
- Flash Manufacturing PMI (Actual: 59.6, Forecast: NA, Previous: 56.8 revised from 57.0)
- Flash Services PMI (Actual: 58.6, Forecast: NA, Previous: 55.5 revised from 56.2)
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term buying opportunities of AUD/USD.