FORECAST BY MARIUS GHISEA (August 24-28)

According to the daily chart, the AUD/USD currency pair is in downtrend. The MACD on the daily chart is a confirmation that in the medium term this pair will fall under 0.70 level.

daily audusd

The 8 hour chart confirms also the downtrend. AUD/USD will fall below 0.7250 when it breaks out of the range.

8 hour audusd

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