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AUD/USD Outlook (31 July 2020)

Dollar Australia / Dollar AS (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Forex macro technical trend AUDUSD
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trendanalysis forex macro technical trend audusd
Overall, AUD/USD is trending upwards.

Currently, AUD/USD is testing the resistance zone of 0.71800 and the next support zone is at 0.69800.
With the recent release of the poor U.S. GDP data, look for buying opportunities of AUD/USD if it breaks the resistance zone of 0.71800.
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