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28.01.2025 04:59 AM
Forecast for AUD/USD on January 28, 2025

The Australian dollar has successfully completed a solid reversal after Friday's false breakout above the indicator line. Currently, the price has fallen below the 0.6273 support level.

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The Marlin oscillator's signal line is rapidly moving toward the downtrend territory. This suggests a potential target for the price at 0.5943, with the 0.6133 level (January's low) serving as an intermediate support.

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If the current candlestick closes below 0.6267, it will confirm the consolidation below the 0.6273 support level and the MACD line. The Marlin oscillator is delving deeper into bearish territory.

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