AUD/USD Outlook (27 May 2020)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the resistance level of 0.65500.

The Australian Private Capital Expenditure q/q data (Forecast: -2.6%, Previous: -2.8%) will be released tomorrow at 0930 (SGT).

AUD/USD’s next support level is at 0.65500 and the next resistance level is at 0.66800.
Look for short-term selling opportunities of AUD/USD .


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