Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced down from the key level of 0.69.
The Australian Retail Sales m/m data (Actual: 16.3%, Forecast: NA, Previous: -17.7%) released earlier today indicated a strong recovery in consumer purchases as the containment of COVID-19 is making progress in Australia.
Reserve Bank of Australia Governor Lowe will be speaking in a panel discussion about COVID-19 and the global economy at the Australia National University Crawford Leadership Forum next Monday at 0700 (SGT).
AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.70000.
Look for buying opportunities of AUD/USD.
The Australian Retail Sales m/m data (Actual: 16.3%, Forecast: NA, Previous: -17.7%) released earlier today indicated a strong recovery in consumer purchases as the containment of COVID-19 is making progress in Australia.
Reserve Bank of Australia Governor Lowe will be speaking in a panel discussion about COVID-19 and the global economy at the Australia National University Crawford Leadership Forum next Monday at 0700 (SGT).
AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.70000.
Look for buying opportunities of AUD/USD.