empty
 
 
14.06.2021 06:49 AM
Forecast for AUD/USD on June 14, 2021

AUD/USD

Last Friday, the Australian dollar supported the general weakening of counterdollar currencies and fell 48 points, indicating an intention to exit the two-month range and move to the downside. The aussie's first target in fulfilling this intention would be the 0.7641 level - the high on December 17, 2020.

This image is no longer relevant

The price on a daily scale is below the indicator lines, the Marlin oscillator is deepening into negative territory. The trend is completely downward.

This image is no longer relevant

On the four-hour chart, the price has settled below the balance and MACD lines, the Marlin oscillator is in its lower half - in the downward trend area, the price is moving towards its first target of 0.7641.

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