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Forecast for AUD / USD pair on February 6, 2019

AUD / USD pair

The Australian dollar has overcome the support of the MACD line on the daily chart in today's Asian session. At the younger half on H4, the price consolidated below the balance lines and MACD. Conditions for further decline formed.

The immediate goal is the embedded line of the price channel in the area of 0.7043 and the second target will be the area of support at 0.6933.

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