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FX.co ★ Forecast for AUD/USD on October 21, 2021

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Forex Analysis:::2021-10-21T03:42:49

Forecast for AUD/USD on October 21, 2021

AUD/USD

The Australian dollar did not linger and was tossed towards the 0.7566 target and is now close to it. Overcoming this level will open the second target at 0.7646, which is the June 3 low and is located near the weekly MACD line.

Forecast for AUD/USD on October 21, 2021

The price continues to steadily rise on the four-hour chart, the Marlin Oscillator is growing with difficulty. Perhaps, upon reaching the target level of 0.7566, a correction will take place to reset the voltage from the oscillator.

Forecast for AUD/USD on October 21, 2021

Analyst InstaForex
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