Overall, AUD/USD is ranging across.

Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.

Most Australian banks will be closed next Monday in observance of the Queen’s Birthday. Expect lower trading volatility and volume during the usual Australian market hours.

AUD/USD’s next support zone is at 0.75500 and the next resistance zone is at 0.78000.
Look for short-term selling opportunities of AUD/USD.


Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!

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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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