The double technical divergence of the price with the Marlin oscillator on the four-hour scale worked to the fullest – the price not only fell by more than 130 points from yesterday’s peak, but also launched a mechanism for a further medium-term decline; on the daily scale, the price is already below the balance line (red indicator), on the four-hour scale the price was consolidated under the Krusenstern line, Marlin’s signal line for daily and H4 in the zone of negative numbers. A target of 0.7010 – support for the embedded line of the price channel is open. The second goal is 0.6892.
The material has been provided by InstaForex Company – www.instaforex.com
AUD/USD
The double technical divergence of the price with the Marlin oscillator on the four-hour scale worked to the fullest – the price not only fell by more than 130 points from yesterday’s peak, but also launched a mechanism for a further medium-term decline; on the daily scale, the price is already below the balance line (red indicator), on the four-hour scale the price was consolidated under the Krusenstern line, Marlin’s signal line for daily and H4 in the zone of negative numbers. A target of 0.7010 – support for the embedded line of the price channel is open. The second goal is 0.6892.
The material has been provided by InstaForex Company – www.instaforex.com
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