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#OPINIONLEADER# Thu. Apr 22nd, 2021 2:25:54 pm AUDUSD TECHNICAL ANALYSIS TODAY FOREX FORECAST - ANALYSIS FOREX MARKET NEWS by LCMS Traders AUD/USD Outlook (22 April 2021) Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced up from the key level of 0.77. The Australian flash PMI data will be released tomorrow at 0700 (SGT). Flash Manufacturing PMI (Forecast: NA, Previous: 56.8 revised from 57.0)Flash Services PMI (Forecast: NA, Previous: 55.5 revised from 56.2) Currently, AUD/USD is moving towards the resistance zone of 0.78000 and the next support zone is at 0.75500. Look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.78000.

Edited 22 Apr 2021, 14:29

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Looking at the 1-hour chart, since you think 0.77 is a key support level, why not enter now? Just put the stop loss at 0.77
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The break of 0.78 is key for me currently it's contained within a range and doesn't offer a high probability set up πŸ˜€