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Home / Forex Analysis / AUD/USD Price Overbought Around 0.71, Eying Powell, US PMI

AUD/USD Price Overbought Around 0.71, Eying Powell, US PMI

Posted by: Forex Crunch in Forex Analysis May 24, 2022

The AUD/USD pair could register a new sell-off after making a valid breakdown below the sl1. Only a new higher high may signal an upside continuation. The US data could be decisive today. The AUD/USD price is trading in the red at 0.7091, at the time of writing. As you already know, the price developed … Continued
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