AUD/USD Outlook (10 February 2022)

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Overall, AUD/USD is ranging across. Recently, AUD/USD bounced down from the key level of 0.72.

Reserve Bank of Australia Governor Lowe will be testifying tomorrow at 0630 (GMT+8). Expect volatility in AUD during the testimony.

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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