AUD/USD Outlook (14 October 2020)

Overall, AUD/USD is ranging across.

Reserve Bank of Australia will be speaking tomorrow at an annual investment conference at 0545 (SGT). During this time, there may be volatility in AUD.

The Australian employment data will be released tomorrow at 0830 (SGT).

• Employment Change (Forecast: -38.0K, Previous: 111.0K)
  
• Unemployment Rate (Forecast: 7.0%, Previous: 6.8%)
  

Currently, AUD/USD is testing the support zone of 0.71700 and the next resistance zone is at 0.73800.
Look for selling opportunities of AUD/USD if it breaks the support zone of 0.71700.