FX.co ★ Forecast for AUD/USD on December 12, 2022

On the daily chart, the price divergence with the Marlin oscillator has acquired a particular structure, but in spite of this, it is still a standard single divergence with price peaks on November 15 and December 5.

Right now the price reversed from the resistance at 0.6799 and it is now moving towards 0.6730. Crossing the support will open the target at 0.6642. The Marlin oscillator is preparing to move into negative territory.

On the four-hour chart, the price attacks the support of the MACD line (0.6755), the Marlin oscillator synchronously crosses the area below the zero line. Surpassing 0.6755 will inspire the price to attack the important level of 0.6730.