The Australian dollar spent the whole Tuesday at the target level of 0.7227, the trading volume was slightly higher than the daily average, the Marlin Oscillator intensifies its growth on a daily basis – all this together gives a reversal moment to the currency pair. To confirm this intention, the price should settle above the level of 0.7227.
On the four-hour chart, the double convergence is gaining ground. Consolidating above the MACD indicator line (0.7237) can automatically lead to the exit of the Marlin Oscillator into the positive area. This will become an already established signal, and the price may go to the target level of 0.7330 – to the MACD line of the daily scale.
*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 to 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
