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FX.co ★ Forecast for AUD / USD pair on April 24, 2019

Forecast for AUD / USD pair on April 24, 2019

AUD / USD pair

Yesterday, the Australian dollar was able to close the trading session below the MACD on the daily chart, right on the nested line of the price channel. At that moment, the marlin oscillator signal line went into negative values and the "Australian" has undertaken a decisive decline this morning. The immediate goal is to support the price channel at 0.7002, which is close to the minimum of March 8, then wait for a decline towards the next line of the channel at the region of 0.6890.

Forecast for AUD / USD pair on April 24, 2019

Forecast for AUD / USD pair on April 24, 2019

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