Overall, AUD/USD is trending upwards. Recently, AUD/USD trended into the resistance zone of 0.73000.
The Australian GDP q/q data (Actual: 3.4%, Forecast: 3.0%, Previous: -1.9%) released yesterday indicated a strong recovery in economic growth during the fourth quarter of 2021.
The Australian Building Approvals m/m data (Forecast: -2.9%, Previous: 8.2%) will be released later at 0830 (GMT+8).
Also, the Australian Building Approvals m/m data (Forecast: -2.9%, Previous: 8.2%) will be released tomorrow at 0830 (GMT+8).
Currently, AUD/USD is testing the resistance zone of 0.73000 and the next support zone is at 0.71000.
Look for short-term selling opportunities of AUD/USD if it rejects the resistance zone of 0.73000.
The Australian GDP q/q data (Actual: 3.4%, Forecast: 3.0%, Previous: -1.9%) released yesterday indicated a strong recovery in economic growth during the fourth quarter of 2021.
The Australian Building Approvals m/m data (Forecast: -2.9%, Previous: 8.2%) will be released later at 0830 (GMT+8).
Also, the Australian Building Approvals m/m data (Forecast: -2.9%, Previous: 8.2%) will be released tomorrow at 0830 (GMT+8).
Currently, AUD/USD is testing the resistance zone of 0.73000 and the next support zone is at 0.71000.
Look for short-term selling opportunities of AUD/USD if it rejects the resistance zone of 0.73000.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.