AUD/USD Outlook (14 November 2019)

2019-11-14 11:55:34

Overall, AUD/USD is ranging across. Recently, the Australian dollar weakened after the release of the poor Australian employment data.

Employment Change (Actual: -19.0K, Forecast: 16.2K, Previous: 14.7K)
Unemployment Rate (Actual: 5.3%, Forecast: 5.2%, Previous: 5.2%)

Currently, AUD/USD is testing the key level of 0.68. AUD/USD‘s next support level is at 0.67000 and the next resistance level is at 0.69000.
Look for selling opportunities of the AUD/USD if it breaks below the key level of 0.68.