empty
 
 
26.03.2020 05:12 AM
Forecast for AUD/USD on March 26, 2020

AUD/USD

The Australian dollar was growing by 108 points on Wednesday, but it ended the day by losing 10 points. The price turned around from the correction level of 50.0%, just a few points before reaching it. But since the aussie continued to decline today, the reversal can be considered valid. The Marlin indicator is also moving down. The aim of the reduction is the peak of August 2001 at the price of 0.5395.

This image is no longer relevant

The price returns below the MACD line on the four-hour chart, the signal line of the Marlin oscillator is attacking the boundary with the territory of the negative trend. We look forward to further price reductions.

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback