JinDao_Tai

AUD/USD Outlook (31 August 2021)

Panjang
FX:AUDUSD   Dolar Australia / Dolar A.S.
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced off the resistance zone of 0.73300.

The Australian Building Approvals m/m data (Forecast: -5.0%, Previous: -6.7%) will be released later at 0930 (GMT+8).

Also, the Australian GDP q/q data (Forecast: 0.6%, Previous: 1.8%) will be released tomorrow at 0930 (GMT+8).

Currently, AUD/USD is testing to break below the key level of 0.72. Its next support zone is at 0.72200 and the next resistance zone is at 0.73300.
Look for short-term buying opportunities of AUD/USD if it bounces up from the key level of 0.72.

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