empty
 
 
28.08.2019 05:55 AM
Forecast for AUD / USD pair on August 28, 2019

AUD / USD pair

The Australian dollar plunged down once again, losing 22 points at the Fibonacci level of 23.6% yesterday. The Oscillator Marlin on the daily chart still remains in the zone of negative numbers in the zone of a declining trend. Still, the immediate goal of the decline is once again the nested line of the red price channel in the region of 0.6713. The second target is the blue channel line in the area of 0.6657.

This image is no longer relevant

On a four-hour chart, the price is fixed below the lines of balance and MACD. The Marlin oscillator is in the descending area. We are waiting for the development of the "Australian" considering the declining scenario.

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 $9000 more!
    In May we raffle $9000 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