AUD/USD Outlook (3rd October 2019)

Overall, AUD/USD is ranging across. Recently, AUD/USD rejected the support level of 0.67000.

The Australian retail sales data will be released tomorrow at 0930 (SGT).

• Retail Sales m/m (Forecast: 0.5%, Previous: -0.1%)
  

If the released data is better than forecasted, the Australian dollar may strengthen.

AUD/USD’s next support level is at 0.67000 and the next resistance level is at 0.68800.