Main Quotes Calendar Forum
flag

FX.co ★ Forecast for AUD / USD pair on June 11, 2019

parent
Forex Analysis:::2019-06-11T04:47:37

Forecast for AUD / USD pair on June 11, 2019

AUD / USD pair

In the last two days, the Australian dollar made attempts to consolidate over the resistance cluster on a daily scale. However, the attempt ended with a divergence on the lower scale of H4, as well as the absorption of the Friday candle and the departure of the price under the balance and MACD indicator lines on both charts. Thus, the situation has become completely descending. The first goal of the decline is the embedded line of the price channel of the older TF in the area of 0.6900. Overcoming the support opens the second target of 0.6790, which is the support for the downstream line to the daily.

Forecast for AUD / USD pair on June 11, 2019

Forecast for AUD / USD pair on June 11, 2019

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...