AUD/USD Outlook (20 November 2019)

2019-11-20 11:59:01

Overall, AUD/USD is ranging across. Recently, AUD/USD bounced-off the support level of 0.67900, gaining back all the losses from the dovish monetary policy meeting minutes released by the Reserve Bank of Australia (RBA) yesterday.
AUD/USD‘s next support level is at 0.67900 and the next resistance level is at 0.69100.
Look for short-term buying opportunities of the AUD/USD, keeping in mind that the U.S. FOMC meeting minutes will be released tomorrow at 0300 (SGT).