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The AUDUSD price forecast update 22-05-2024
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The AUDUSD price forecast update 22-05-2024
May 22, 2024 3:42 AM

AUDUSD Price Analysis Expected Scenario The AUDUSD price shows sideways trades now, and tested the EMA50 that forms good support against the price. As long as the price is above 0.6640$, our bullish overview will remain valid for today, affected by the previously completed inverted head and shoulders pattern. Reminding you that our next main target is located at 0.6728$. Expected Trading Range Between 0.6640$ support and 0.6740$ resistance.

Trend Forecast: Bullish

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