Overall, AUD/USD is ranging across.
The Australian Retail Sales m/m data (Actual: -4.4%, Forecast: TBA, Previous: -4.4%) released earlier today indicated continued decline in consumer spending in January.
The Australian Westpac Consumer Sentiment data (Forecast: NA, Previous: -2.0%) will be released tomorrow at 0730 (GMT+8).
Currently, AUD/USD is testing the resistance zone of 0.71000 and its next support zone is at 0.68200.
Look for selling opportunities of AUD/USD if it bounces off the resistance zone of 0.71000.
The Australian Retail Sales m/m data (Actual: -4.4%, Forecast: TBA, Previous: -4.4%) released earlier today indicated continued decline in consumer spending in January.
The Australian Westpac Consumer Sentiment data (Forecast: NA, Previous: -2.0%) will be released tomorrow at 0730 (GMT+8).
Currently, AUD/USD is testing the resistance zone of 0.71000 and its next support zone is at 0.68200.
Look for selling opportunities of AUD/USD if it bounces off the resistance zone of 0.71000.
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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.