Overall, AUD/USD is trending downwards.
The Reserve Bank of Australia will be releasing the minutes for the recent monetary policy meeting tomorrow at 0930 (GMT+8). Details on the recent tapering of quantitative easing may be provided in the minutes.
Currently, AUD/USD is testing to break below the key level of 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for short-term selling opportunities of AUD/USD if it breaks below the key level of 0.74.
The Reserve Bank of Australia will be releasing the minutes for the recent monetary policy meeting tomorrow at 0930 (GMT+8). Details on the recent tapering of quantitative easing may be provided in the minutes.
Currently, AUD/USD is testing to break below the key level of 0.74. Its next support zone is at 0.73300 and the next resistance zone is at 0.75000.
Look for short-term selling opportunities of AUD/USD if it breaks below the key level of 0.74.