AUD/USD Outlook (04 February 2022)

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Overall, AUD/USD is ranging across. Recently, AUD/USD bounced off the support zone of 0.71000.

The Reserve Bank of Australia will be releasing their monetary policy statement later at 0830 (GMT+8).

AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term buying opportunities of AUD/USD up until the release of the U.S. NFP data at 2130 (GMT+8).

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