AUD/USD Outlook (01 March 2021)
Overall, AUD/USD is ranging across. Recently, AUD/USD broke the support zone of 0.77900.
The Australian Building Approvals m/m data (Forecast: -2.1%, Previous: 10.9%) will be released tomorrow at 0830 (SGT).
Currently, AUD/USD is moving towards the resistance zone of 0.77900 and the next support zone is at 0.76000.
Look for selling opportunities of AUD/USD if it bounces off the resistance zone of 0.77900.
The Australian Building Approvals m/m data (Forecast: -2.1%, Previous: 10.9%) will be released tomorrow at 0830 (SGT).
Currently, AUD/USD is moving towards the resistance zone of 0.77900 and the next support zone is at 0.76000.
Look for selling opportunities of AUD/USD if it bounces off the resistance zone of 0.77900.