AUD/USD Outlook (15 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 downwards. Its next support level is at 0.68500 and the next resistance level is at 0.70200.
As AUD/USD has been moving around the key level of 0.69, wait for it to move away from that level before looking for trading opportunities.