AUD/USD Outlook (12 February 2020)
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended higher.
Reserve Bank of Australia Governor Phillip Lowe will be speaking in a panel discussion at the Australia-Canada Economic Leadership Forum tomorrow at 0800 (SGT). During this time, volatility is expected.
AUD/USD's next support level is at 0.66800 and the next resistance level is at 0.68500.
Stay out of AUD/USD for now.
Reserve Bank of Australia Governor Phillip Lowe will be speaking in a panel discussion at the Australia-Canada Economic Leadership Forum tomorrow at 0800 (SGT). During this time, volatility is expected.
AUD/USD's next support level is at 0.66800 and the next resistance level is at 0.68500.
Stay out of AUD/USD for now.