empty
 
 
19.06.2019 06:22 AM
Forecast for AUD / USD pair on June 19, 2019

AUD / USD pair

Yesterday, the Australian dollar grew by 24 points after testing the embedded line of the price channel on the daily chart below. On the H4 chart, the Marlin oscillator is in a growing position, but the price still remains below the balance line (red indicator) and the MACD line (blue indicator). In this situation, we expect that the price will not be able to overcome the resistance of the price channel.

Before the price, the goal of 0.6780 is open, which is the support on the downward line of the price channel on the daily chart. In fact, the channel is marked on a weekly schedule, with the top in January 2018.

This image is no longer relevant

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 $1000 more!
    In April we raffle $1000 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