FX.co ★ Forecast for AUD / USD pair on January 25, 2019

AUD / USD pair

The development of the downward trend in the Australian dollar is passing without surprises. Yesterday, the "Australian" lost 47 points under the general pressure of the US dollar. The planned reversal of the Marlin oscillator signal line on the daily chart was not considered. Currently, this line has moved to the negative zone. The current price on both charts is below the balance and MACD lines. Now, Now we are waiting for a further price reduction to the target level of 0.7022 (October 26 minimum), and after we fix below it, we are waiting for the increase to 0.6755, which is support for the price channel line.