Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced up from the key level of 0.77.
The Australian flash PMI data released earlier today indicated an increase in the pace of expansion in business activities this month.
Australian banks will be closed next Monday in observance of Anzac Day. Expect lower trading volume and volatility during the usual Australian market session.
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term buying opportunities of AUD/USD.
The Australian flash PMI data released earlier today indicated an increase in the pace of expansion in business activities this month.
- Flash Manufacturing PMI (Actual: 59.6, Forecast: NA, Previous: 56.8 revised from 57.0)
- Flash Services PMI (Actual: 58.6, Forecast: NA, Previous: 55.5 revised from 56.2)
Australian banks will be closed next Monday in observance of Anzac Day. Expect lower trading volume and volatility during the usual Australian market session.
AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term buying opportunities of AUD/USD.