In the daily chart, the divergence between the AUDUSD price and the DeMarker indicator is clearly noticeable.
Usually such a divergence implies a reversal of the price movement.
If the pair closes below 0.746 today, the signal of the price and indicator divergence will be completely formed and we can expect the pair decline to the range of 0.728.
This content is for informational purposes only and is not intended to be investing advice.
