Main Quotes Calendar Forum
flag

FX.co ★ Forecast for AUD/USD on December 14, 2021

parent
Forex Analysis:::2021-12-14T03:30:15

Forecast for AUD/USD on December 14, 2021

The Australian dollar has moved down decisively. After yesterday's reversal from the 0.7171 level, the price fell by 38 points, this morning the price renewed yesterday's low, trying to settle below the Fibonacci level of 23.6%. The Marlin Oscillator turned down without leaving the downward trend zone. The first target of the movement is 0.7065, then 0.7007. The third target is 0.6950. Of course, much will be decided after tomorrow's FOMC Federal Reserve meeting.

Forecast for AUD/USD on December 14, 2021

The price has overcome the support of the MACD line on the four-hour chart, Marlin has entered the downward trend zone and continues to move downward. The 0.7065 target level is open.

Forecast for AUD/USD on December 14, 2021

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...