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AUD/USD Outlook (15 November 2021)

Short
Dollar Australien/Dollar Américain (FX:AUDUSD)  
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FX:AUDUSD   Dollar Australien/Dollar Américain
Trend Analysis Forex macro technical trend AUDUSD Contains image
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trendanalysis forex macro technical trend audusd containsimage
Overall, AUD/USD is trending downwards. Recently, AUD/USD traded into the resistance zone of 0.73300.

The Reserve Bank of Australia (RBA) will be releasing its monetary policy meeting minutes tomorrow at 0830 (GMT+8).

Currently, AUD/USD is testing the resistance zone of 0.73300 and the next support zone is at 0.72200.
Look for short-term selling opportunities of AUD/USD if it rejects the resistance zone of 0.73300.
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