Forecast AUD / USD pair for June 7, 2019

AUD / USD pair

For the last three days, the Australian has been struggling with three strong resistances: the MACD indicator line (blue), the balance line (indicator red), the price channel line. All resistance on the day timeframe. As a result, they won since the signal line of the Marlin oscillator today moved to the zone of negative numbers on the lower scale (H4). To confirm the signal price needs to go below the MACD line of 0.6952, which in this case, the target opens to the support of the embedded line of the price channel at 0.6907 on the daily.

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