AUD/USD Outlook (23 February 2022)

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Overall, AUD/USD is trending upwards. Recently, AUD/USD broke above the key level of 0.72.

The Wage Price Index q/q data (Forecast: 0.7%, Previous: 0.6%) will be released 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.

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