AUD/USD Outlook (08 May 2020)

Overall, AUD/USD is trending upwards. Recently, AUD/USD trended higher into the resistance level of 0.65500.
Currently, AUD/USD is testing the resistance level of 0.65500 and the next support level is at 0.64200.
If AUD/USD breaks the resistance level of 0.65500, look for short-term buying opportunities up until the release of the U.S. jobs report at 2030 (SGT).