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AUD/USD Outlook (12 July 2021)

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FX:AUDUSD   澳元/美元
Overall, AUD/USD is trending downwards. Recently, AUD/USD trended upwards into the resistance zone of 0.75000.

The Australian NAB Business Confidence data (Forecast: NA, Previous: 20) will be released tomorrow at 0930 (GMT+8).

Currently, AUD/USD is testing the resistance zone of 0.75000 and the next support zone is at 0.73300.
Look for short-term buying opportunities of AUD/USD if it breaks the resistance zone of 0.75000.

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