AUD/USD Outlook (23 September 2021)
ByJin Dao Tai
SEP 23, 2021
Overall, AUD/USD is ranging across.
The Australian flash PMI data released yesterday indicated a faster pace of expansion in the manufacturing sector in August while the services sector remains in contraction due to the recent lockdown restrictions.
- Flash Manufacturing PMI (Actual: 57.3, Forecast: NA, Previous: 52.0 revised from 51.7)
- Flash Services PMI (Actual: 44.9, Forecast: NA, Previous: 42.9 revised from 43.3)
Currently, AUD/USD is testing the support zone of 0.72200 and the next resistance zone is at 0.73300.
Look for short-term selling opportunities of AUD/USD if it breaks the support zone of 0.72200.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.