AUD/USD Outlook (21 June 2021)
Overall, AUD/USD is trending downwards. Recently, AUD/USD broke the support zone of 0.75500.
The Australian Retail Sales m/m data (Forecast: TBA. Previous: 1.1%) will be released later at 0930 (GMT+8).
Currently, AUD/USD is testing to break above the key level of 0.75. Its next support zone is at 0.73900 and the next resistance zone is at 0. 75500.
Look for selling opportunities of AUD/USD if it fails to break above the key level of 0.75.
The Australian Retail Sales m/m data (Forecast: TBA. Previous: 1.1%) will be released later at 0930 (GMT+8).
Currently, AUD/USD is testing to break above the key level of 0.75. Its next support zone is at 0.73900 and the next resistance zone is at 0. 75500.
Look for selling opportunities of AUD/USD if it fails to break above the key level of 0.75.