The AUDUSD price is recovering – Forecast today - 02-05-2024
Economies.com
2024-05-02 04:02AM UTC
AUDUSD Price Analysis
Expected Scenario
- The AUDUSD price surpassed 0.6500$ level and settled above it, to turn to rise and head towards achieving expected gains in the upcoming period, targeting 0.6570$ followed by 0.6640$ levels as next main stations.
- The bullish bias will be suggested for today, noting that breaking 0.6500$ will stop the expected rise and push the price to decline again.
Expected Trading Range
Between the support at 0.6490$ and the resistance at 0.6590$.
Trend Forecast: Bullish
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