Forecast by Marius Ghisea – AUD/USD (June 27-July 1)

The AUD/USD currency pair will fall, according to the daily chart. The price has reached EMA50 and this indicates a downtrend for this pair. The MACD and the stochastic oscillator confirm also the downtrend in the medium term.


The downtrend in the medium term is confirmed also by the 8 hour chart. The price has reached EMA200 and the MACD indicates that it will continue to fall. A target for the next period may be 0.7250.


Marius Ghisea – fund manager and advisor for institutional and individual investors. 11 years experience in forex market. Marius G. provides advices for long term investors with low risk strategies investments. Technical analyst at ( Go to Ghisea Marius Facebook group >>> )
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