AUD/USD Outlook (28 June 2021)
Overall, AUD/USD is trending downwards. Recently, AUD/USD failed to break above the key level of 0.76.
It was announced last Friday that Australia’s New South Wales region has reimposed COVID-19 restrictions until 2 July due to an evolving outbreak in that region.
Currently, AUD/USD is moving towards the key level of 0.76. Its next support zone is at 0.75000 and the next resistance zone is at 0.76500.
Look for short-term selling opportunities of AUD/USD if it bounces down from the key level of 0.76.
It was announced last Friday that Australia’s New South Wales region has reimposed COVID-19 restrictions until 2 July due to an evolving outbreak in that region.
Currently, AUD/USD is moving towards the key level of 0.76. Its next support zone is at 0.75000 and the next resistance zone is at 0.76500.
Look for short-term selling opportunities of AUD/USD if it bounces down from the key level of 0.76.