AUD/USD Outlook (16 June 2020)
Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced off the support zone of 0.68200 and broke above the key level of 0.69.
AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.70000.
Look for short-term buying opportunities of AUD/USD up until the release of the U.S. retail sales data later at 2030 (SGT).
AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.70000.
Look for short-term buying opportunities of AUD/USD up until the release of the U.S. retail sales data later at 2030 (SGT).