Overall, AUD/USD is trending upwards. Recently, AUD/USD has been ranging across.
Some Australian banks will be closed in observance of the Queen’s Birthday. Expect lower trading volatility and volume during the Australian market session.
Currently, AUD/USD is moving towards the resistance zone of 0.70200 and the next support zone is at 0.68500.
If AUD/USD breaks the resistance zone of 0.70200, look for short-term buying opportunities up until the release of the U.S. jobs report at 2030 (SGT).
Some Australian banks will be closed in observance of the Queen’s Birthday. Expect lower trading volatility and volume during the Australian market session.
Currently, AUD/USD is moving towards the resistance zone of 0.70200 and the next support zone is at 0.68500.
If AUD/USD breaks the resistance zone of 0.70200, look for short-term buying opportunities up until the release of the U.S. jobs report at 2030 (SGT).