ByJin Dao Tai
SEP 6, 2021
Overall, AUD/USD is ranging across. Recently, AUD/USD strengthened and broke above the key level of 0.74 after the release of the disappointing U.S. jobs report.
The Australian Retail Sales m/m data (Actual: -2.7%, Forecast: -1.9%, Previous: -2.7%) released last Friday indicated continued decline in consumer spending in August.
AUD/USD’s next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for short-term buying opportunities of AUD/USD.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now