FX.co ★ Forecast for AUD/USD on March 30, 2022

The Australian dollar's decline, which had begun yesterday, stopped and turned into the US dollar's growth, which weakened by 0.72%. The Australian dollar managed to return above the target level of 0.7500 in one day and is now ready to rise to the next bullish target of 0.7600. The aussie's readiness is still not complete, as the Marlin Oscillator has not turned up yet. Perhaps the upward price movement will be in the form of a saw.

On the H4 chart, the price has settled above the target level of 0.7500 and is developing above the balance indicator line. The Marlin Oscillator is close to the transition to the positive area. We are waiting for the price at the level of 0.7600.