AUD/USD Outlook (22 February 2022)
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced down from the key level of 0.72.
Reserve bank of Australia Assistant Governor Kent will be speaking later at 0900 (GMT+8). During this time, there may be volatility in AUD.
The Wage Price Index q/q data (Forecast: 0.7%, Previous: 0.6%) will be released tomorrow at 0830 (GMT+8).
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.
Reserve bank of Australia Assistant Governor Kent will be speaking later at 0900 (GMT+8). During this time, there may be volatility in AUD.
The Wage Price Index q/q data (Forecast: 0.7%, Previous: 0.6%) will be released tomorrow at 0830 (GMT+8).
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.