AUD/USD Outlook (30th August 2019)
Overall, AUD/USD is trending downwards. Recently, AUD/USD has been ranging across.
The Australian housing data released this morning was worse than forecasted, leading to the weakening of the Australian dollar.
Currently, AUD/USD is testing the support level of 0.67000 and its next resistance level is at 0.68800.
The Australian housing data released this morning was worse than forecasted, leading to the weakening of the Australian dollar.
- Building Approvals m/m (Actual: -9.7%, Forecast: 0.0%, Previous: -0.8% revised from -1.2%)
Currently, AUD/USD is testing the support level of 0.67000 and its next resistance level is at 0.68800.