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21.10.202105:42 Forex Analysis & Reviews: Forecast for AUD/USD on October 21, 2021

AUD/USD

The Australian dollar did not linger and was tossed towards the 0.7566 target and is now close to it. Overcoming this level will open the second target at 0.7646, which is the June 3 low and is located near the weekly MACD line.

Exchange Rates 21.10.2021 analysis

The price continues to steadily rise on the four-hour chart, the Marlin Oscillator is growing with difficulty. Perhaps, upon reaching the target level of 0.7566, a correction will take place to reset the voltage from the oscillator.

Exchange Rates 21.10.2021 analysis

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Laurie Bailey,
Analytical expert of InstaForex
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