Aussie had a significant upwards burst on November 1 due to positive Australian data and the rise of risks’ appetites. The currency pair has crossed several resistance areas and tested 0.7204. However, AUD/USD stays below in the moment of writing.
The resistance areas are the following; 0,7204, 0,7227, 0,7239
The support areas are as follows: 0,7189, 0,7163, 0,7143
Macroeconomic data for November 2
Australian retail sales data
Australian PPI
US average hourly earnings data m/m
US non-farm payrolls
US Unemployment rate
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