The Australian dollar remained calm in response to yesterday's news about the suspension of funding for several U.S. government agencies, continuing the upward movement that began three days ago.
On the daily timeframe, the price remains above both key indicator lines, and the Marlin oscillator is in the positive zone, taking a brief pause before potentially continuing the uptrend. The target at 0.6668 remains open, and a firm consolidation above this level could lead to further gains toward 0.6755.
The alternative (bearish) scenario would require a sustained move below the MACD line (at 0.6564). In that case, the downside target opens at 0.6450.
In the 4-hour timeframe, the pair is consolidating above the MACD line. The Marlin oscillator has reset slightly, indicating readiness for another bullish wave. The short-term trend remains upward, and the target at 0.6668 is still in play.
