AUD/USD Outlook (25th September 2019)
Overall, AUD/USD is ranging across. Recently, AUD/USD's downtrend has stagnated.
Yesterday, RBA Governor Lowe said in a speech that the Australian economy is at a “gentle turning point and expect growth to pick up” as GDP growth over the first half of 2019 was stronger than the growth over the second half of 2018.
Currently, AUD/USD is bouncing-off the key level of 0.68. Its next support level is at 0.67000 and the next resistance level is at 0.68800.
Yesterday, RBA Governor Lowe said in a speech that the Australian economy is at a “gentle turning point and expect growth to pick up” as GDP growth over the first half of 2019 was stronger than the growth over the second half of 2018.
Currently, AUD/USD is bouncing-off the key level of 0.68. Its next support level is at 0.67000 and the next resistance level is at 0.68800.