Resenha

AUD/USD Trade Analysis 19-05-21





Who is going to come out on top?

FOMC Minutes in the US
Vs
Employment Rate figures for Australia.

Strong data out of the US should give the USD the edge but some possible changes in unemployment, with the new travel bubble between Australia and New Zealand, this could cause the Aussie dollar to make higher moves against the slightly battered US Dollar.

This analysis shows key resistance and supports that the Aussie has been operating in recently, and with a stronger commodity picture, more upside could be likely in play.

Presented by Eric Walkington

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