AUD/USD Outlook (14 January 2020)

Overall, AUD/USD is moving across. Recently, AUD/USD has been ranging across within 40pips.
Currently, AUD/USD is testing to break the key level of 0.69 upwards. Its next support level is at 0.68500 and the next resistance level is at 0.70200.
As the U.S. CPI m/m data will be released later at 2130 (SGT), look for trading opportunities of AUD/USD after the data release.