AUDUSD(20250516)Today's Analysis

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Market news:
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.

Technical analysis:
Today's buying and selling boundaries:
0.6416

Support and resistance levels:
0.6484
0.6458
0.6442
0.6391
0.6375
0.6349

Trading strategy:
If the price breaks through 0.6416, consider buying, the first target price is 0.6442
If the price breaks through 0.6391, consider selling, the first target price is 0.6375

Aviso legal

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