empty
 
 
17.08.2021 05:48 AM
Forecast for AUD/USD on August 17, 2021

AUD/USD

Yesterday, the Australian dollar reached the support of the embedded price channel line (0.7320) with a lower shadow on the daily timeframe. This trend line was broken this morning. The signal line of the Marlin Oscillator crossed the border with the area of the downward trend and now a bearish target of 0.7244 opens - the high of October 9, 2020.

This image is no longer relevant

There is a downward trend on the four-hour timescale: the price is decreasing under the balance and MACD indicator lines, the Marlin oscillator deepens in the negative zone. We are waiting for the price in the area of the specified target of 0.7244.

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