Overall, AUD/USD is ranging across. Recently, AUD/USD broke the resistance zone of 0.77900 as a result of the weakening of USD due to the dovish tone delivered by the Federal Reserve.
The Australian employment data released earlier today indicated a strong improvement in the job market, with more jobs being added than expected and a 0.5% decline in unemployment rate.
AUD/USD’s next support zone is at 0.77900 and the next resistance zone is at 0.80000.
Look for buying opportunities of AUD/USD.
The Australian employment data released earlier today indicated a strong improvement in the job market, with more jobs being added than expected and a 0.5% decline in unemployment rate.
- Employment Change (Actual: 88.7K, Forecast: 31.5K, Previous: 29.5K revised from 29.1K)
- Unemployment Rate (Actual: 5.8%, Forecast: 6.3%, Previous: 6.3% revised from 6.4%)
AUD/USD’s next support zone is at 0.77900 and the next resistance zone is at 0.80000.
Look for buying opportunities of AUD/USD.