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AUD/USD
Yesterday, the price rebounded from the resistance of the target level at 0.6612 and the MACD indicator line by more than 40 pips on the daily timeframe. This morning, the Australian dollar is regaining its positions, approaching the resistance at 0.6612 once again.
The price needs to settle above this resistance in order to have the potential to rise towards 0.6693. The leading Marlin oscillator has recovered yesterday's losses and is now providing support to the price.
On the 4-hour chart, the Marlin oscillator has turned upward without reaching the boundary of the downtrend territory.
This may help the price overcome the nearest resistance of the MACD line (0.6595). Breaking through it will help the price overcome the main obstacle – the resistance at 0.6612.
In general, the price can safely move within the range of 0.6528-0.6612 for an uptrend. However, falling below the support at 0.6528 could significantly deepen the decline, potentially targeting the level of 0.6388.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।