26.02.202106:00 Forex Analysis & Reviews: Forecast for AUD/USD on February 26, 2021


The reversal option for the Australian dollar was considered yesterday, even without reaching the target level of 0.8010. However, the specified currency managed to reach it, which was then followed by a decline. At the moment, the price is approaching the target range of 0.7765/83. Once this range is broken, it can reach the MACD line set at 0.7708.

Exchange Rates 26.02.2021 analysis

The price was fixed simultaneously below the MACD line and below the signal level of 0.7881 in the H4 chart. In turn, the Marlin Oscillator was seen deep below after developing the divergence. Now, the new target of 0.7765/83 can be considered.

Exchange Rates 26.02.2021 analysis

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Laurie Bailey,
Chuyên gia phân tích
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