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MEDIUM IMPACT FXStreet · May 11, 06:33 AM

AUD/USD Price Forecast: Advancing 20-day EMA backs more upside towards 0.7300

The AUD/USD pair recovers a majority of its opening losses and is marginally down to near 0.7240 during the early European trading session on Monday.

SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BULLISH 75% confidence

The AUD/USD pair is likely to continue its upward momentum towards the 0.7300 level as it holds above the 20-day EMA. A sustained recovery could attract further buying interest.

AI-generated analysis. For educational purposes only — not financial advice.

The AUD/USD pair recovers a majority of its opening losses and is marginally down to near 0.7240 during the early European trading session on Monday.

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