AUD/USD
On the daily chart, the price of the Australian dollar was consolidated below the MACD indicator line. The line itself, as an indicator of a trend, turns down. The aussie's current goal will be to support the embedded line of the price channel at around 0.6743. After consolidating the price under this mark, AUD/USD expects a mid-term decline to the lower line of the price channel around 0.6566, the movement may take about two weeks.
On the four-hour chart, the situation is completely falling: the price has consolidated under the indicator lines of balance and MACD, the Marlin oscillator is falling in the territory of the bears.
The material has been provided by InstaForex Company - www.instaforex.com