The Australian dollar, which showed strong movement on Tuesday, tested the support of the MACD indicator line on the daily chart. Thanks to the rebound from this support, the price maintains its potential for growth.
The Marlin oscillator is progressing in an uptrend. A likely target is 0.6514. If the price surpasses this mark, the next target is 0.6612. If the price falls below the support level at 0.6388, the next target will be 0.6295.
The Marlin oscillator is progressing in an uptrend. A likely target is 0.6514. If the price surpasses this mark, the next target is 0.6612. If the price falls below the support level at 0.6388, the next target will be 0.6295.
The material has been provided by InstaForex Company – www.instaforex.com
AUD/USD
The Australian dollar, which showed strong movement on Tuesday, tested the support of the MACD indicator line on the daily chart. Thanks to the rebound from this support, the price maintains its potential for growth.
The Marlin oscillator is progressing in an uptrend. A likely target is 0.6514. If the price surpasses this mark, the next target is 0.6612. If the price falls below the support level at 0.6388, the next target will be 0.6295.
The Marlin oscillator is progressing in an uptrend. A likely target is 0.6514. If the price surpasses this mark, the next target is 0.6612. If the price falls below the support level at 0.6388, the next target will be 0.6295.
The material has been provided by InstaForex Company – www.instaforex.com
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