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AUD/USD Outlook (27 January 2022)

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Dollar Australia / Dollar AS (FX:AUDUSD)  
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FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Forex macro technical trend AUDUSD Contains image
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trendanalysis forex macro technical trend audusd containsimage
Overall, AUD/USD is ranging across. Recently, AUD/USD traded into the support zone after the hawkish tone delivered by the U.S. FOMC.

Currently, AUD/USD is testing the support zone of 0.71000 and the next resistance zone is at 0.73000.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.71000.
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