| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 46% | 15.6% |
| Shorts | 45% | 54% | -19.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
During the last 24 hours, the Australian Dollar versus the US Dollar has made about 37 pips movement. The currency pair consolidated below a psychological resistance level at 0.70 during the first half of Wednesday's trading session.
If the exchange rate passes the psychological resistance level, a surge towards the 0.7040 mark could be expected within this session.
However, if the level as mentioned earlier holds, a potential breakout through the lower boundary of an ascending channel pattern could occur.
Technical indicators flash buy signals on the daily time-frame chart. Most likely, the currency exchange rate could continue its upside movement today.