AUDUSD Outlook 1 June 2021

Yesterday, I said the AUD in a positive trend. Today we have the Chinese economic release (Caixin PMI) plus the announcement of the RBA. Buy until the US economic data (ISM PMI) is announced because USD is potentially bullish against AUD.

Support: 0.77000
Resistance: 0.77800
AUDUSDTrend Analysis

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