ByJin Dao Tai
JUN 4, 2021
Overall, AUD/USD is ranging across. Recently, AUD/USD broke below the key level of 0.77.
The Australian Retail Sales m/m data (Actual: 1.1%, Forecast: 1.1%, Previous: 1.1%) released yesterday indicated an increase in consumer spending at the same rate as previous month.
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term selling opportunities of AUD/USD up until the release of the U.S. jobs report later at 2030 (GMT+8).
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