AUD/USD
The Australian dollar is successfully handling external circumstances that hinder its corrective growth. The US dollar index rose by 0.30% yesterday, while the AUD/USD gained 9 points. The disappointing PMIs also do not interfere with the aussie.
The Manufacturing PMI slipped from 49.6 to 49.4 in August, while the Services PMI was 46.7 compared to July's 47.9. The Marlin oscillator is steadily rising. The pair can reach the target range of 0.6516/60.
On the four-hour chart, the price settled above the balance line indicator, and the Marlin oscillator is rising in the positive area. The pair can rise further.
