Forecast for AUD/USD on Mar 18, 2020 – Forex Alchemy

Forecast for AUD/USD on Mar 18, 2020 – Forex Alchemy

analytics5e71a9b2cc197.jpg

forex guide

AUD/USD

The Australian dollar lost 94 points on Tuesday, gaining ground at a strong 0.6068 level formed by the 161.8% Fibonacci level and the downward price channel line on the daily scale chart. Now the 0.5850 target is open before the price, which is also formed by the convergence point of the lower line of the price channel and the Fibonacci reaction level of 200.0%.

A convergence was formed on the four-hour scale chart using the Marlin oscillator. This is a sign that before the price moves to the next bearish goal, the Australian dollar may correct up to the lines that have become resistances – to the Fibonacci level of 161.8% and the price channel line at the price of 0.6068.

analytics5e71a9c6a8550.jpg

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Forecast for AUD/USD on March 18,2020

<!-- AddThis Button END --><div class='heateorSssClear'></div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' heateor-sss-data-href='https://www.forexalchemy.com/forecast-for-aud-usd-on-mar-18-2020'><div class='heateor_sss_sharing_title' style="font-weight:bold" >Won&#039;t your trader friends like this?</div><ul class="heateor_sss_sharing_ul"><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Facebook" title="Facebook" class="heateorSssSharing heateorSssFacebookBackground" onclick='heateorSssPopup("https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.forexalchemy.com%2Fforecast-for-aud-usd-on-mar-18-2020")'><ss style="display:block;" class="heateorSssSharingSvg heateorSssFacebookSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Twitter" title="Twitter" class="heateorSssSharing heateorSssTwitterBackground" onclick='heateorSssPopup("http://twitter.com/intent/tweet?text=Forecast%20for%20AUD%2FUSD%20on%20Mar%2018%2C%202020&url=https%3A%2F%2Fwww.forexalchemy.com%2Fforecast-for-aud-usd-on-mar-18-2020")'><ss style="display:block;" class="heateorSssSharingSvg heateorSssTwitterSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Linkedin" title="Linkedin" class="heateorSssSharing heateorSssLinkedinBackground" onclick='heateorSssPopup("http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forexalchemy.com%2Fforecast-for-aud-usd-on-mar-18-2020&title=Forecast%20for%20AUD%2FUSD%20on%20Mar%2018%2C%202020")'><ss style="display:block;" class="heateorSssSharingSvg heateorSssLinkedinSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Pinterest" title="Pinterest" class="heateorSssSharing heateorSssPinterestBackground" onclick="javascript:void( (function() {var e=document.createElement('script' );e.setAttribute('type','text/javascript' );e.setAttribute('charset','UTF-8' );e.setAttribute('src','//assets.pinterest.com/js/pinmarklet.js?r='+Math.random()*99999999);document.body.appendChild(e)})());"><ss style="display:block;" class="heateorSssSharingSvg heateorSssPinterestSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Reddit" title="Reddit" class="heateorSssSharing heateorSssRedditBackground" onclick='heateorSssPopup("http://reddit.com/submit?url=https%3A%2F%2Fwww.forexalchemy.com%2Fforecast-for-aud-usd-on-mar-18-2020&title=Forecast%20for%20AUD%2FUSD%20on%20Mar%2018%2C%202020")'><ss style="display:block;" class="heateorSssSharingSvg heateorSssRedditSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Mix" title="Mix" class="heateorSssSharing heateorSssMixBackground" onclick='heateorSssPopup("https://mix.com/mixit?url=https%3A%2F%2Fwww.forexalchemy.com%2Fforecast-for-aud-usd-on-mar-18-2020")'><ss style="display:block;" class="heateorSssSharingSvg heateorSssMixSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" alt="Whatsapp" title="Whatsapp" class="heateorSssSharing heateorSssWhatsappBackground"><ss style="display:block" class="heateorSssSharingSvg heateorSssWhatsappSvg"></ss></i></li><li class="heateorSssSharingRound"><i style="width:35px;height:35px;" title="More" alt="More" class="heateorSssSharing heateorSssMoreBackground" onclick="heateorSssMoreSharingPopup(this, 'https://www.forexalchemy.com/forecast-for-aud-usd-on-mar-18-2020', 'Forecast%20for%20AUD%2FUSD%20on%20Mar%2018%2C%202020', '' )" ><ss style="display:block" class="heateorSssSharingSvg heateorSssMoreSvg"></ss></i></li></ul><div class="heateorSssClear"></div></div><div class='heateorSssClear'></div><div class="clear"></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 13 Mar 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 12 Mar 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 12 Mar 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 10 Mar 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 03 Mar 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 27 Feb 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 26 Feb 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 24 Feb 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/><div class="blog-info-wrapper"><div class="blog-date"><span class="head">Posted On</span> 16 Feb 2020</div><div class="blog-author"><span class="separator">, </span><span class="head">By</span> InstaForex</div><div class="clear"></div></div><br/>

Drop your queries here! ↴ we will answer you shortly.