AUD/USD Outlook (31 October 2019)
2019-10-31 14:14:48
Overall, AUD/USD has been trending upwards. Recently, AUD/USD is trending upwards, breaking the resistance level of 0.68800.
The Australian housing data released was better than forecasted and the Australian dollar strengthened.
Building Approvals m/m (Actual: 7.6%, Forecast: 0.1%, Previous: -0.6% revised from -1.1%)
AUD/USD’s next support level is at 0.67000 and the next resistance level is at 0.68800.