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FX.co ★ Forecast for AUD/USD on December 21, 2021

Forecast for AUD/USD on December 21, 2021

The aussie was slightly down yesterday, heading towards its first bearish target of 0.7065. Overcoming the first target opens the second at 0.7007. The signal line of the Marlin Oscillator has settled below the zero line - in the zone of the downward trend. The aussie's general mood is downward.

Forecast for AUD/USD on December 21, 2021

On the four-hour chart, the price is developing under the balance and MACD indicator lines, the Marlin Oscillator is decreasing in the negative area. We are waiting for a further decline to the specified target levels.

Forecast for AUD/USD on December 21, 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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