| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 70% | 0.9% |
| Shorts | 29% | 30% | -2.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The Australian Dollar declined by 45 pips or 0.68% in value against the US Dollar on Thursday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The exchange rate bounced off a support level formed by the 100– hour SMA at 0.6584 during the morning hours of today's session.
Most likely, the AUD/USD pair will edge higher within the following trading session. The possible target will be at 0.6667.
Furthermore, technical indicators flash bullish signals on the 4– hour time frame chart.