The AUDUSD price surpasses the moving average – Forecast today - 23-04-2024

AUDUSD Price Analysis

Expected Scenario

• The AUDUSD price shows additional positive trades by today’s open to surpass the EMA50 and reinforce the expectations of continuing the intraday bullish trend, and the way is open to achieve our main waited target at 0.6500$.
• It is important to monitor the price at the mentioned level, as breaching it will lead the price to achieve additional gains that reach 0.6570$, while on the other hand, the bullish trend will remain valid and active unless breaking 0.6410$ and holding below it.

Expected Trading Range

Between the support at 0.6420$ and the resistance at 0.6520$