AUD/USD Outlook (4th July 2019)
- U.S. Bank Holiday – Independence Day
- AUD/USD testing resistance level
Price Movement
Since yesterday, AUD/USD moved up by around 50pips.
Trend
AUD/USD is trending upwards.
Important Issue
Today is U.S. Independence Day, expect lower trading volume as the U.S. banks are on holiday.
Technical
Yesterday, AUD/USD tested and broke the 0.70 key level upwards.
Currently, AUD/USD is testing the resistance level of 0.70250.
Price Levels
Current Price: 0.70428
Next Resistance: 0.70250
Next Support: 0.68500