Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD Trend Analysis over H4 Chart.

92
Overall, AUD/USD is trending downwards.

The Australian Retail Sales m/m data (Forecast: 2.2%, Previous: 1.3%) will be released tomorrow at 0830 (GMT+8).

Currently, AUD/USD is testing to break below the key level of 0.72. Its 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 if it breaks below the key level of 0.72.
Trade closed: target reached

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