| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 74% | -2.6% |
| Shorts | 27% | 26% | 6.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Australian Dollar appreciated about 61 basis points against the US Dollar on Tuesday. The currency pair tested the upper boundary of a descending channel pattern at 0.6800 during Tuesday's trading session.
After hitting the upper border of the descending channel, the exchange rate began to decline. Currently, the pair is testing a support cluster formed by the 50-, 100– and 200– hour SMAs.
If the support cluster holds, the currency exchange rate will continue its upside movement today.
However, if the rate passes the SMAs, a decline towards the 61.80% Fibonacci retracement level could be expected within this session.