Singapore
2020-07-31 17:13
Market analysisAUD/USD Outlook (31 July 2020)
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Forex
Market analysis:
Overall, AUD/USD is trending upwards.
Currently, AUD/USD is testing the resistance zone of 0.71800 and the next support zone is at 0.69800.
With the recent release of the poor U.S. GDP data, look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.71800.
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AUD/USD Outlook (31 July 2020)
Overall, AUD/USD is trending upwards.
Currently, AUD/USD is testing the resistance zone of 0.71800 and the next support zone is at 0.69800.
With the recent release of the poor U.S. GDP data, look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.71800.
Forex
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