AUD/USD Outlook (09 January 2020)
2020-01-09 12:19:15
Overall, AUD/USD is moving across. Recently, AUD/USD has been ranging within 40pips.
The Australian trade balance data (Actual: 5.80B, Forecast: 4.10B, Previous: 4.50B) released earlier today was better than forecasted. The market did not react much to the positive data.
AUD/USD’s next support level is at 0.67700 and the next resistance level is at 0.69200.
Stay out of AUD/USD for now.