AUD/USD Outlook (8 November 2019)

2019-11-08 13:04:52

Overall, AUD/USD has been trending upwards. Recently, AUD/USD tested and failed to break the key level of 0.69.
Currently, AUD/USD is testing the support level of 0.68800 and the next resistance level is at 0.70500.
As AUD/USD is ranging across and testing the support level at the moment, wait for the support level to be broken before looking for selling opportunities.