Forecast for AUD/USD on April 27, 2020

AUD/USD

The Australian dollar grew today in the Asian session, after it overcame the price channel line last Friday. The target for growth is the upper line in the region of the target mark of 0.6526. From this point, the aussie can turn down, as the price outpaces the growth of the Marlin oscillator and it can form a divergence.

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The price went above the MACD line on the four-hour chart, the Marlin oscillator is growing. We are waiting for the price at the target 0.6526.

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The material has been provided by InstaForex Company - www.instaforex.com