FX.co ★ Forecast for AUD/USD on June 26, 2020

AUD/USD

The Australian dollar grew by 18 points on Thursday, but did not go above the target resistance level of 0.6900, which confirmed the daily consolidation below it and the intention to continue moving to the target level of 0.6680 (peak on March 9). In turn, the Marlin oscillator is stuck under the border of the growth territory.

The price continues to develop under the red balance indicator line on the four-hour chart, Marlin is developing in a downward trend. We are waiting for the aussie to decline further to the target level of 0.6680.