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.

AUDUSDdaily-page-001

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.

AUDUSD8h-page-001

MariusG
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 ProfitF.com ( Go to Ghisea Marius Facebook group >>> )
Rate this post:
(3 votes, average: 4.00 out of 5)
Loading...

  Recommended by ProfitF

Forex Broker | Binary Broker | ForexVPS | FX-Signals | BO-signals

FBS-profitF

Improve Your Trading Skills - Don't miss our new posts!

---