AUD/USD Outlook (15 December 2021)

Overall, AUD/USD is trending downwards. Recently, AUD/USD traded into the support zone of 0.71000

The Australian flash PMI data will be released tomorrow at 0600 (GMT+8).

• Flash Manufacturing PMI (Forecast: NA, Previous: 59.2 revised from 58.5)
  
• Flash Services PMI (Forecast: NA, Previous: 55.7 revised from 55.0)
  

Reserve Bank of Australia Governor Lowe will be speaking tomorrow at 0730 (GMT+8). During this time, there may be volatility in AUD.

Also, the Australian employment data will be released tomorrow at 0830 (GMT+8).

• Employment Change (Forecast: 200.0K, Previous: -46.3K)
  
• Unemployment Rate (Forecast: 5.0%, Previous: 5.2%)
  

Currently, AUD/USD is testing the support zone of 0.71000 and the next resistance zone is at 0.73000.
If AUD/USD broke the support zone, look for short-term selling opportunities of AUD/USD up until the release of the U.S. FOMC monetary policy decision tomorrow at 0300 (GMT+8).