Yesterday, the Australian dollar traded with a range of 16 points, and in today's Asian session it closed the opening of the week in the red. The Marlin oscillator is looking down on the daily chart, and the aussie is aiming for the 0.7641 level. Consolidating below the level opens the second target at 0.7565.
The price shows a decisive downward reversal on the four-hour chart. The Marlin oscillator confirms this intent. The 0.7641 target is open.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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