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 contraction in the services sector while the manufacturing sector slowed down in January.
The Australian CPI q/q data (Forecast: TBA, Previous: 0.8%) will be released tomorrow at 0830 (GMT+8).
Currently, AUD/USD is trading up towards the key level of 0.72. Its 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 if it bounces down from the key level of 0.72.
The Australian flash PMI data released earlier today indicated a contraction in the services sector while the manufacturing sector slowed down in January.
- Flash Manufacturing PMI (Actual: 55.3, Forecast: NA, Previous: 57.7 revised from 57.4)
- Flash Services PMI (Actual: 45.0, Forecast: NA, Previous: 55.1)
The Australian CPI q/q data (Forecast: TBA, Previous: 0.8%) will be released tomorrow at 0830 (GMT+8).
Currently, AUD/USD is trading up towards the key level of 0.72. Its 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 if it bounces down from the key level of 0.72.
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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.
Join my mailing list jindaotai.com/joinme
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.