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.
The material has been provided by InstaForex Company - www.instaforex.com