The Australian dollar closed the day on Monday with an increase of 8 points, this morning the growth continues. But, in spite of this, the divergence of the price with the oscillator on the daily scale is not broken or worked out. There is still a high chance of its development with a price decrease in the target range of 0.7414/45.
At the same time, there is a risk of divergence modification, such a variant is marked on the chart with a dash-dot line, the price will reach the target level of 0.7566 today or tomorrow, from where it can turn downwards. This uncertainty is supported by strong fundamental circumstances: the Reserve Bank of Australia will publish the release of today's meeting, and the main event of the week - the Federal Reserve meeting - on Wednesday.
The price is in a neutral state on the four-hour chart - between the indicator lines. The Marlin Oscillator is in the growth zone, but is very close to the zero line, which can be neglected before the release of strong fundamental news. The probability of a price reduction is 60%.
