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05.07.202405:15 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for AUD/USD on July 5, 2024

AUD/USD

The Australian dollar has risen above the resistance level of 0.6730, fulfilling the condition for a divergence with the Marlin oscillator on the intraday timeframe. Without breaking the divergence's potential to reverse, the price may still rise to the target level of 0.6780.

Exchange Rates 05.07.2024 analysis

Consolidating above 0.6780 will lead the price to the second target level of 0.6874, which corresponds to the peak of December 28, 2023. If the divergence overpowers the growing trend from the current levels, then once the price moves below the support levels at 0.6690 and 0.6627, we expect the price to reach 0.6467.

Exchange Rates 05.07.2024 analysis

On the 4-hour chart, the price has consolidated above the level of 0.6730, while the Marlin oscillator moves sideways. We will find out after tonight's release of the US labor data whether the upward trend will get weaker following the oscillator or if it will actually gain new momentum.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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