30.06.202004:54 Forex Analyse & Reviews: Forecast for AUD/USD on June 30, 2020


The Australian dollar showed little volatility yesterday, continuing to consolidate at 0.6900. The technical situation has not changed, the target at 0.6680 for the March 9 high remains.

Exchange Rates 30.06.2020 analysis

The previous day's price did not go beyond the MACD line on the four-hour chart, the Marlin oscillator is slightly growing, but does not leave the decreasing trend zone. Consolidating the price under the signal level 0.6842 paves the way for the Australian currency to the specified target of 0.6680.

Exchange Rates 30.06.2020 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Laurie Bailey,
Analytical expert of InstaForex
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