Yesterday, the Australian dollar assumed leadership functions – the growth amounted to 0.66% and this morning it shows a desire to keep this leadership. On the AUD/USD daily chart, this desire is reinforced by the price leaving the area above the balance (red) and MACD (blue) indicator lines. Also, the Marlin Oscillator settled in the positive area.

There is a target level of 0.7227 just ahead, which is quite strong, its role has been visible since August 2021. We can only consider the growth option to 0.7291 (July 2021 low) once the 0.7227 level has been overcome.

On the 4-hour chart, the price rises above both indicator lines, Marlin shows a steady increase in the positive area. The first target (0.7227) is likely to be achieved, after which the aussie will solve many diverse tasks for itself, already with an eye to external markets.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

If you have an interest in any area of Forex Trading, this is where you want to be.

Global Fx Trading Group is a world leader in providing Fx services, o individual traders, including: Unmatched funding programs, on-line education, virtual trading rooms, automation tools, robot building, and personal coaching.

The company was first established by Jeff Wecker, former member of the Chicago Board of Trade, with 25 years in the industry. Jeff has a keen understanding of the needs of Forex traders and those needs are our focus.

Please join our VIP Group while is still FREE …
https://t.me/joinchat/JqsXFBKpyj3YS4bLWzT_rg

Our mission is simple: To enhance as many lives as we can through education and empowerment.

#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom


Sz. Daniela
Sz. Daniela

Professional Trader, Forex and CFD, Currency Trading. Ace Level 5 declared April 2013. Trading Consultants Inc. a USA Corporation domiciled in Wyoming since April 2012.