AUD/USD Outlook (20 December 2019)
2019-12-20 12:16:32
Overall, AUD/USD is trending upwards. Recently, the Australian dollar strengthened due to the release of the positive employment data but failed to break the key level of 0.69 upwards.
AUD/USD’s next support level is at 0.67700 and the next resistance level is at 0.69200.
Look for buying opportunities only if AUD/USD breaks above the resistance level of 0.692.