FX.co ★ Forecast for AUD/USD on March 18, 2022

The Australian dollar does not want to lose its leadership in the currency camp and rose by 1.21% (87 points) yesterday. The 0.7415/30 target is close, exit above it opens the next one – 0.7500. The Marlin Oscillator is growing in the positive area, it is still far from the overbought zone.

On a four-hour scale, the price is also steadily growing above the balance and MACD indicator lines. The Marlin Oscillator slightly slowed down the growth, it can slow down the price growth, especially since today is Friday and there may be a partial profit-taking on the market, which slows down the growth.