AUD/USD Outlook (19 December 2019)

Overall, AUD/USD is moving across. Recently, AUD/USD trended higher after the release of the better than forecasted Australian employment data.

• Employment Change (Actual: 39.9K, Forecast: 14.5K, Previous: -24.8K revised from -19.0K)
  
• Unemployment Rate (Actual: 5.2%, Forecast: 5.3%, Previous: 5.3%)
  

AUD/USD’s next support level is at 0.67700 and the next resistance level is at 0.69200.
Look for short-term buying opportunities of AUD/USD, keeping in mind that it is moving towards the key level of 0.69.