AUD/USD Outlook (10 January 2022)

Overall, AUD/USD is trending upwards.

The Australian Building Approvals m/m data (Forecast: TBA, Previous: -12.9%) will be released later at 0830 (GMT+8).

The Australian Retail Sales data (Forecast: TBA, Previous: 4.9%) will be released tomorrow at 0830 (GMT+8).

AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term selling opportunities of AUD/USD.