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27.11.202004:43 Forex Analysis & Reviews: AUD/USD Forecast for November 27, 2020

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

AUD / USD

Yesterday, the Australian dollar stopped its market-leading speculation and closed the day with a small black candle like everyone else. The price forms a divergence with the Marlin oscillator from the target level of 0.7380. The nearest reduction target is 0.7253 on the Kruzenshtern line on the daily.

Exchange Rates 27.11.2020 analysis

Based on the four-hour scale chart, the price was fixed under the Kruzenshtern line this morning. The signal line of the Marlin oscillator comes out of its own wedge down and breaks into the zone of a declining trend. We are waiting for the price at the target level of 0.7253. The second target is 0.7222 at the minimum on November 13 and the maximum on November 4.

Exchange Rates 27.11.2020 analysis

Laurie Bailey
Analytical expert of InstaForex
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