AUD/USD Outlook (22 April 2020)

Overall, AUD/USD is trending upwards. Recently, AUD/USD moved lower, breaking below the key level of 0.63.
The Australian flash PMI data will be released tomorrow at 0700 (SGT).

• Flash Manufacturing PMI (Forecast: TBA, Previous: 49.7 revised from 50.1)
  
• Flash Services PMI (Forecast: TBA, Previous: 38.5 revised from 39.8)
  

Currently, AUD/USD is testing to break above the key level of 0.63. Its next support level is at 0.61800 and the next resistance level is at 0.64200.