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26.04.201906:47 Forex Analysis & Reviews: Forecast for AUD/USD on April 26, 2019

Long-term review

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AUD/USD

The Australian dollar successfully reached the first target level of 0.7002, after which on the four-hour chart the signal line of the marlin oscillator sharply went up for its own discharge. This pattern - the rapid growth of the indicator with a weak price movement warns of the imminent resumption of the previous movement of both the price and the oscillator. A signal to sell will be the return of quotes below the trend line of the price channel (0.7000). The next goal will be to support the underlying embedded line of the price channel in the region of 0.6890.

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