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FX.co ★ Forecast for AUD/USD on April 13, 2021

Forecast for AUD/USD on April 13, 2021

AUD/USD

The Australian dollar has already lost strength during the attacks on resistance at 0.7665 and yesterday, amid the weakening of the US dollar, it closed the day unchanged - at the opening price. The aussie is falling in today's Asian session. The Marlin oscillator is also turning down in confirmation of the bearish short-term trend. The first target is 0.7500 - the December 2017 low.

Forecast for AUD/USD on April 13, 2021

The price is completely in a downward trend on the four-hour chart: the price is below both indicator lines, Marlin is declining in the negative area.

Forecast for AUD/USD on April 13, 2021

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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