AUD/USD Outlook (24 March 2021)

Overall, AUD/USD is ranging across. Recently, AUD/USD broke below the key level of 0.77.

The Australian flash PMI data released earlier today indicated continued expansion of business activities in both the manufacturing and services sector in March.

• Flash Manufacturing PMI (Actual: 57.0, Forecast: NA, Previous: 56.9 revised from 56.6)
  
• Flash Services PMI (Actual: 56.2, Forecast: NA, Previous: 53.4 revised from 54.1)
  

Currently, AUD/USD is testing the support zone of 0.76000 and the next resistance zone is at 0.78000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.76000.