AUD/USD Outlook (03 February 2022)

227
Overall, AUD/USD is ranging across. Recently, AUD/USD broke the resistance zone of 0.71000.

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

Currently, AUD/USD trading towards the support zone of 0.71000 and the next resistance zone is at 0.73000.
Look for short-term buying opportunities of AUD/USD if it bounces off the support zone of 0.71000.

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.