AUD/USD Outlook (18 August 2021)

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AUD/USD Outlook (18 August 2021)

ByJin Dao Tai

 AUG 18, 2021

AUD/USD Outlook (18 August 2021)

Overall, AUD/USD is trending downwards. Recently, AUD/USD broke the support zone of 0.73300.

The Australian employment data will be released tomorrow at 0930 (GMT+8).

  • Employment Change (Forecast: -46.0KPrevious: 29.1K)
  • Unemployment Rate (Forecast: 5.0%Previous: 4.9%)

AUD/USD’s next support zone is at 0.72200 and the next resistance zone is at 0.73300.

Look for short-term selling opportunities of AUD/USD.

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