empty
 
 
28.03.2022 06:01 AM
Forecast for AUD/USD on March 28, 2022

The Australian dollar showed an increase of 5 points on Friday. It could not show a better result due to its unwillingness to give up the slack with the US dollar - the dollar index grew even by a symbolic 0.02%, but it was working off the daily loss by 0.39%.

This image is no longer relevant

The price has settled above the target level of 0.7500 on the daily chart, but the Marlin Oscillator is turning down from the overbought zone, and it may very well be that the price above the level may be false. Consolidation below 0.7500 opens the target range of 0.7415/30 and then there may be a continuation of the decline to 0.7315, towards the area of the MACD line.

This image is no longer relevant

On the H4 chart, the extended unexpressed triple divergence is not broken, the Marlin Oscillator is already in the negative area. The MACD line has penetrated into the 0.7415/30 range, which indicates a potential strong decline in the price after overcoming this range, which was strengthened by this indicator line as support.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Yuriy Zaycev
Start trade
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 $6000 more!
    In December we raffle $6000 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
  • 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