[m.youssif]

AUDUSD Forecast
The AUDUSD still able to maintain its bullish bias on Friday while EUR/USD and GBP/USD were corrected lower. The bias remains bullish in nearest term testing 1.0581. A clear break above that area would trigger further bullish momentum aiming for new all time high projection around 1.0700. Immediate support at 1.0520/00. A clear break below that area would change the intraday bias to bearish as the rising wedge bearish correction scenario might be validated, testing 1.0400 – 1.0330 support area.

[m.youssif]

AUDUSD Forecast
The AUDUSD still able to maintain its bullish bias on Friday while EUR/USD and GBP/USD were corrected lower. The bias remains bullish in nearest term testing 1.0581. A clear break above that area would trigger further bullish momentum aiming for new all time high projection around 1.0700. Immediate support at 1.0520/00. A clear break below that area would change the intraday bias to bearish as the rising wedge bearish correction scenario might be validated, testing 1.0400 – 1.0330 support area.