Overall, AUD/USD is ranging across. Recently, AUD/USD broke below the key level of 0.72.
The Australian flash PMI data released earlier today indicated a faster rate of expansion of the manufacturing sector. Also, the services sector has recovered from the previous contraction.
Flash Manufacturing PMI (Actual: 57.6, Forecast: NA, Previous: 55.1 revised from 55.3)
Flash Services PMI (Actual: 56.4, Forecast: NA, Previous: 46.6 revised from 45.0)
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.
The Australian flash PMI data released earlier today indicated a faster rate of expansion of the manufacturing sector. Also, the services sector has recovered from the previous contraction.
Flash Manufacturing PMI (Actual: 57.6, Forecast: NA, Previous: 55.1 revised from 55.3)
Flash Services PMI (Actual: 56.4, Forecast: NA, Previous: 46.6 revised from 45.0)
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.
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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.
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.