AUD/USD Outlook (03 January 2020)

2020-01-03 12:31:00

Overall, AUD/USD is trending upwards. Recently, AUD/USD trended lower, breaking the key level of 0.70 downwards.
AUD/USD’s next support level is at 0.69200 and the next resistance level is at 0.70500.
Look for short-term selling opportunities of AUD/USD while noting that it is approaching the support level of 0.69200.