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Trader Journals:::2026-03-20T03:30:27

AUD/USD

AUD/USD, Friday, March 20, 2026

AUD/USD

The weakening of the USD Index on Thursday brought the major currency pair AUD/USD to rise to a price level of 0.71127. On the H4 timeframe this morning, a candle is seen swinging around the price level of 0.70874, above the dynamic EMA21 blue line meeting with the EMA50 purple line, which is above the EMA200 orange line. Meanwhile, the CCI14 indicator appears to be swinging up towards the neutral area around the zero line. In general, the trading plan to SELL AUD/USD for today would be a profitable choice, by placing a stop loss at the resistance area of 0.71200 and a take profit target at the lower area of 0.69800.
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